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Tuesday, September 12, 2023

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 in the region totalled 2,296 in August 2023, a 21.4 per cent increase from the 1,892 sales recorded in August 2022...


August stats:





Photo courtesy of TOURISM VANCOUVER

Photo courtesy of TOURISM RICHMOND

Photo courtesy of CITY OF BURNABY

Photo courtesy of TOURISM NEW WESTMINSTER

Photo courtesy of CITY OF SURREY