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Tuesday, October 10, 2023

As inventory increases, price gains relent to begin the fall season

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 2023, a 13.2 per cent increase from the 1,701 sales recorded in September 2022...


September 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