How Covid19 affects our Greater Vancouver Real Estate Market based on the latest July 2020 Report

Steady increases in home sale and listing activity continue in June

Home buyers and sellers have gradually become more active in each month of the COVID-19 pandemic. In June, home sale and listing activity in Metro Vancouver* returned to more historically typical levels.

“Much more of the real estate transaction is happening virtually today. Before considering an in-person showing, REALTORS® are helping potential buyers pre-screen homes more thoroughly by taking video tours, reviewing floorplans and an increased number of high-resolution images, as well as often driving through the neighborhood.”

“Home prices have remained steady with minimal fluctuation over the last few months,” Gerber said. “With increasing demand, REALTORS® have begun seeing multiple offers for homes priced competitively for today’s market.”

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The Video will cover the following important indicators:

1. Real Estate Market Update – Greater Vancouver
2. Residential Home Sales in Greater Vancouver
Listing for detached, attached, apartment newly listed for sale in MLS in Metro Vancouver
3. Current Number of Listings for sale on MLS in Metro Vancouver
4. Sale-to-Active Listing Ratio
5. MLS® Home Price Index composite Benchmark price
6. Sales Detached House
7. HPI Detached House
8. No. of Apartment Sales
9. HPI Apartment
10. No. of Attached Sales
11. HPI Attached
12. Thank you!


Lotus Yuen Personal Real Estate Corporation
阮文傑 B.Sc Top 3% REALTOR® 2019 in Real Estate Board of Greater Vancouver
REALTOR® & Licensed Property Manager
RE/MAX CREST REALTY
Office : (604) 370-2111
Cell: 778-862-8321
Email: LotusYuen@gmail.com

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