February 2023

Home sales decline below long-term averages and inventory remains low to start 2023

Posted on Feb 02, 2023 in Market Statistics

Inventory remains low in Metro Vancouver while home sales dipped well below monthly historical averages in January.

Residential Average Sale Price RASP January 2023 Chris Frederickson Oakwyn Realty
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 2,285 sales recorded in January 2022, and a 21.1 per cent decrease f...

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