Housing Market Update for June 2022 (Video)

With interest rates and housing supply increasing, Metro Vancouver home buyers are operating in a changing marketplace to begin the summer season.

"Home buyers have more selection to choose from and more time to make decisions than they did over the past year, said Daniel John, Chair, Real Estate Board of Greater Vancouver.

"Rising interest rates and inflationary concerns are making buyers more cautious in today’s housing market, which is allowing listings to accumulate."

Here's Daniel John's summary of the June 2022 housing market statistics.