{"id":118,"date":"2020-08-05T12:34:38","date_gmt":"2020-08-05T16:34:38","guid":{"rendered":"https:\/\/www.millerwark.com\/blog\/?p=118"},"modified":"2020-08-05T12:36:23","modified_gmt":"2020-08-05T16:36:23","slug":"july-2020-market-highlights","status":"publish","type":"post","link":"https:\/\/www.millerwark.com\/blog\/july-2020-market-highlights\/","title":{"rendered":"July 2020 Market Highlights"},"content":{"rendered":"<p>Metro Vancouver housing market sees steady summer activity!<br \/>\n@realestateboardofgv<\/p>\n<p>Home buyer and seller activity in Metro Vancouver*\u00a0exceeded historical levels in July.<\/p>\n<p>The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,128 in July 2020, a 22.3 per cent increase from the 2,557 sales recorded in July 2019, and a 28 per cent increase from the 2,443 homes sold in June 2020.<br \/>\nLast month\u2019s sales were 9.4 per cent above the 10-year July sales average.<\/p>\n<p>\u201cWe&#8217;re seeing the results today of pent up activity, from both home buyers and sellers, that had been accumulating in our market throughout the year,\u201d Colette Gerber, REBGV Chair said. \u201cLow interest rates and limited overall supply are also increasing competition across our market.\u201d<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-119\" src=\"https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_detached_07.20-1024x1024.jpg\" alt=\"\" width=\"770\" height=\"770\" srcset=\"https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_detached_07.20-1024x1024.jpg 1024w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_detached_07.20-300x300.jpg 300w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_detached_07.20-150x150.jpg 150w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_detached_07.20-768x769.jpg 768w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_detached_07.20-420x420.jpg 420w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_detached_07.20-240x240.jpg 240w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_detached_07.20.jpg 1080w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-120\" src=\"https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_townhouse_07.20-1024x1024.jpg\" alt=\"\" width=\"770\" height=\"770\" srcset=\"https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_townhouse_07.20-1024x1024.jpg 1024w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_townhouse_07.20-300x300.jpg 300w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_townhouse_07.20-150x150.jpg 150w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_townhouse_07.20-768x768.jpg 768w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_townhouse_07.20-420x420.jpg 420w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_townhouse_07.20-240x240.jpg 240w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_townhouse_07.20.jpg 1080w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-121\" src=\"https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_apartment_07.20-1024x1024.jpg\" alt=\"\" width=\"770\" height=\"770\" srcset=\"https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_apartment_07.20-1024x1024.jpg 1024w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_apartment_07.20-300x300.jpg 300w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_apartment_07.20-150x150.jpg 150w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_apartment_07.20-768x767.jpg 768w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_apartment_07.20-420x420.jpg 420w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_apartment_07.20-240x240.jpg 240w, https:\/\/www.millerwark.com\/blog\/wp-content\/uploads\/2020\/08\/rebgv_apartment_07.20.jpg 1080w\" sizes=\"auto, (max-width: 770px) 100vw, 770px\" \/><\/p>\n<p>For full market update visit <a href=\"http:\/\/www.rebgv.org\">www.rebgv.org<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Metro Vancouver housing market sees steady summer activity! @realestateboardofgv Home buyer and seller activity in Metro Vancouver*\u00a0exceeded historical levels in July. The Real Estate Board of Greater Vancouver (REBGV) reports &hellip; [<a href=\"https:\/\/www.millerwark.com\/blog\/july-2020-market-highlights\/\">read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":49,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18,35,2],"tags":[28,8,25,22,26,23,27,37],"class_list":["post-118","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights","category-real-estate-news","category-real-estate-tips","tag-condos","tag-millerwark-real-estate","tag-north-vancouver-realtors","tag-oakwyn-realty","tag-project-sales","tag-top-agents","tag-townhomes","tag-vancouver-homes"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>July 2020 Market Highlights - MW Insider<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.millerwark.com\/blog\/july-2020-market-highlights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"July 2020 Market Highlights - MW Insider\" \/>\n<meta property=\"og:description\" content=\"Metro Vancouver housing market sees steady summer activity! @realestateboardofgv Home buyer and seller activity in Metro Vancouver*\u00a0exceeded historical levels in July. 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