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  • Brian C Chung Real Estate Metro Vancouver
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    • FEBRUARY 2024 Update – Sellers active, inventory up

    By admin / 6th February 2024 / in , , , , , , , , , , , , , , , , , /
    Home sellers active, bring much-needed inventory to housing market ------- While Metro Vancouver1 home sellers appeared somewhat hesitant in January, new listings rose 31 per cent year-over-year in February, bringing a significant number of newly listed properties to the market. Greater Vancouver REALTORS® (GVR)2 reports that residential sales3 in the region totalled 2,070 in February 2024, a 13.5
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    OCTOBER 2023 Update – Metro Vancouver housing market holds steady in October

    By admin / 5th January 2024 / in , , , , , , , , , , , , , , , , /
    Metro Vancouver housing market holds steady in October ------- An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,996 in October 2023, a 3.7 per cent increase
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    JANUARY 2024 Update – Vancouver housing market off to strong start in 2024

    By admin / 2nd January 2024 / in , , , , , , , , , , , , , , , , , /
    Home sales across Metro Vancouver’s housing market off to strong start in 2024 ------- While the Metro Vancouver1 market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the pace of newly listed properties did not keep up with the volume of home sales. The Real Estate Board
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    SEPTEMBER 2023 Update – Month-over-month price gains seen earlier this year abated in the Metro Vancouver housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region.

    By admin / 1st October 2023 / in , , , , , , , , , , , , , , , , /
    The month-over-month price gains seen earlier this year abated in the Metro Vancouver housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region. ------- The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,926 in September
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    AUGUST 2023 Update – Seasonal slowdown brings price stability to Metro Vancouver

    By admin / 1st September 2023 / in , , , , , , , , , , , , , , , , /
    Seasonal slowdown brings price stability to Metro Vancouver ------- As summer winds to a close, higher borrowing costs have begun to permeate the Metro Vancouver housing market in predictable ways, with price gains cooling and sales slowing along the typical seasonal pattern. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales
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