May 2023

Prices continue rising across Metro Vancouver as home buyer confidence returns

Posted on May 02, 2023 in Market Statistics

With listing activity remaining below historical norms, home sales in Metro Vancouver have mounted a surprising comeback, rising near levels seen last spring, before eight consecutive interest rate hikes eroded borrowing power and brought home sales activity down along with it.

Residential Average Sale Price RASP April 2023 Real Estate Vancouver Chris Frederickson

The Real Estate Board of Greater Vancouver (REBGV) reports that resident...

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