February 2023

February 2023 - Vancouver Real Estate Market Update: Sluggish Sales

Posted on Feb 13, 2023 in Market Update

At the start of the year, only 1,624 homes sold in the MLS across Greater Vancouver, making it the 10th consecutive month of declining sales.

Though it is normal for January to be quiet, this year’s was the 2nd slowest January since 2001. Economists mention that overall low inventory and high borrowing costs have really slowed sales down over 55% fr...

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