In the first month of 2021, Metro Vancouver’s housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.
In a period where the pandemic constrained economic activity and caused businesses to limit in-person operations, the Lower Mainland’s commercial real estate market saw overall declines in demand.
Strong December activity brought Metro Vancouver’s 2020 home sales total in line with the region’s long-term annual average.
The revamped format for this year’s REALTORS Care® Blanket Drive raised $50,000 for local housing-related charities.
The REALTORS Care® Blanket Drive has shifted to an online fundraiser this year because of the COVID-19 pandemic.
Housing demand in Metro Vancouver continues to outpace historical averages with November sales eclipsing 3,000 for the first time since 2015.