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    • MARCH 2023 Update – With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback

    By admin / 1st April 2023 / in , , , , , , , , , , , , , , , , /
    Home prices across Metro Vancouver’s housing market showed modest increases in March, while new listings remained below long-term historical averages. ------- March data also indicates home sales are making a stronger than expected spring showing so far, despite elevated borrowing costs. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the
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    FEBRUARY 2023 Update – Below average home sales allow inventory to inch upwards BUT…

    By admin / 22nd March 2023 / in , , , , , , , , , , , , , , , , /
    February 2023 Market Stats! The lack of inventory is balancing the interest rate increases. To date, it's been a busy quarter with 50+ showings. ------- Below average home sales allow inventory to inch upwards February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s* housing market, leading to below-average
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    JANUARY 2023 Update – Home sales decline below long-term averages and inventory remains low

    By admin / 6th February 2023 / in , , , , , , , , , , , , , , , , /
    Home sales decline below long-term averages and inventory remains low Inventory remains low in Metro Vancouver* while home sales dipped well below monthly historical averages in January. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,022 in January 2023, a 55.3 per cent decrease from the
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    OCTOBER 2022 Update – Inflation, rising interest rates create caution across Metro Vancouver’s housing market

    By admin / 1st November 2022 / in , , , , , , , , , , , , , , , , /
    Inflation, rising interest rates create caution across Metro Vancouver’s housing market Home sale activity across the Metro Vancouver housing market continued to trend well below historical averages in October. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2022, a 45.5 per cent decrease
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    SEPTEMBER 2022 Update – Home sellers were more active in Metro Vancouver’s housing market in September while home buyer demand remained below the region’s long-term averages.

    By admin / 1st October 2022 / in , , , , , , , , , , , , , , , , /
    Home sellers were more active in Metro Vancouver’s housing market in September while home buyer demand remained below the region’s long-term averages. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,687 in September 2022, a 46.4 per cent decrease from the 3,149 sales recorded in September
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