November 2023

BC Markets Finding Balance at Low Levels of Activity

Posted on Nov 14, 2023 in BC Real Estate Update

The British Columbia Real Estate Association (BCREA) reports that a total of 5,373 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in October 2023, an increase of 1.8 per cent from October 2022. The average MLS® residential price in BC was $968,786 up 4.1 per cent compared to October 2022. The total sales dollar vol...

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Housing Market Update for October 2023 (Video)

Posted on Nov 09, 2023 in Market Insights Videos

With more supply in the form of resale inventory, and weaker demand in the form of slower sales, we've seen market conditions overall adjust towards more balanced conditions.

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Metro Vancouver housing market holds steady in October

Posted on Nov 02, 2023 in Vancouver Update

An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,996 in October 2023, a 3.7 per cent increase from the 1,924 sales recorded in October 2022. This t...

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