October 2023

Renewed Bank of Canada Tightening Slows Sales Activity

Posted on Oct 12, 2023 in BC Real Estate Update



The British Columbia Real Estate Association (BCREA) reports that a total of 5,531 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in September 2023, an increase of 10.4 per cent from September 2022. The average MLS® residential price in BC was $966,530 up 4.8 per cent compared to September 2022. The total sales dol...

Read More

Housing Market Update for September 2023 (Video)

Posted on Oct 10, 2023 in Market Insights Videos


The month-over-month price gains seen earlier this year abated in the Metro Vancouver housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region.

Read More

As inventory increases, price gains relent in Metro Vancouver to begin the fall season

Posted on Oct 04, 2023 in Vancouver Update



The month-over-month price gains seen earlier this year abated in the Metro Vancouver1 housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the region totalled 1,926 in September 2023, a 1...

Read More