Metro Vancouver’s housing market is experiencing a quieter summer season marked by reduced sale and listing activity.
With inflationary pressure and interest rates on the rise, home buyer and seller activity shifted below our long-term seasonal averages this summer. This shift in market conditions caused prices to edge down over the past four months.
Here's a summary of the August 2022 housing market statistics.
With inflationary pressure and interest rates on the rise, home buyer and seller activity shifted below our long-term seasonal averages this summer. This shift in market conditions caused prices to edge down over the past four months.
Here's a summary of the August 2022 housing market statistics.