Dean’s Real Estate Update for January 2022

Dean’s Real Estate Update for January 2022

Best wishes for a healthy, happy and prosperous 2022!

Thanks for taking the time to look at my monthly real estate update for South Delta and the Real Estate Board of Greater Vancouver (REBGV).

Here is a link to the complete set of charts and graphs – it may be useful to refer to them as you read through this piece!

Metro Vancouver home sales reached an all-time high in 2021 and REBGV sales were 33.4% above the 10 year average.

Listings were 11 % above the 10 year average.

Clearly more sales than listings have led to the incredible price increases over the past year.

Here is a table showing the changes in House Price Index (HPI) during that time:

Detached Attached Apartment
REBGV 22.6% 23.5% 13.1%
Ladner 30.2% 34.6% 12.8%
Tsawwassen 24.4% 25.5% 18.4%

I am here to arm you with the best information and give my professional advice so you can make the best decisions to help yourself move forward!

call/text:  604.603.8538

or email:  dbauck@deanbauck.com