July 2024 - Vancouver Real Estate Market Update
Posted on Jul 12, 2024 in Market Update
Exploring Shifts in the Vancouver Housing Landscape
The Vancouver real estate scene is experiencing notable shifts as it transitions into the latter half of 2024. This July, the market has started favoring buyers, a trend highlighted by a subtle downturn in home prices across Greater Vancouver. Despite this buyer-friendly shift, there's a notable ca...
June 2024 - Vancouver Real Estate Market Update
Posted on Jun 14, 2024 in Market Update
Hi, it's Cari Mai and this is your Vancouver Real Estate Market Update for June 2024!
🏡 Market Overview
May has seen a noticeable dip in home sales with transactions declining from the usual pace for this time of year. With over 13,000 homes active on the MLS, inventory has clearly piled up.
📉 Sales Volume Analysis
Compared to May last year, sales vol...
May 2024 - Vancouver Real Estate Market Update
Posted on May 10, 2024 in Market Update
Hi, I'm Cari Mai and this is your Vancouver real estate market update for May 2024.
Current Inventory Levels
We just saw the highest inventory of homes for sale in 4 years with over 12,000 units actively listed.
We never saw a sudden influx of inventory come to market when the Bank of Canada started their aggressive rate hikes, only a steady increase...
April 2024 - Vancouver Real Estate Market Update
Posted on Apr 12, 2024 in Market Update
Inventory and Market Dynamics: A Shift Towards a Sellers' Market
This spring, home sellers are stepping up, providing buyers with an abundance of choices. We've observed a nearly 23% increase in the total number of homes listed for sale across Greater Vancouver compared to last year. Although the market isn't as crazy as last spring, the needle is s...
March 2024 - Vancouver Real Estate Market Update
Posted on Mar 14, 2024 in Market Update
Hello, it's Cari Mai and this is your Vancouver Real Estate Market update for March 2024!
Increase in Home Sales
The overall market is heating up. Based on last month's sales numbers, we're seeing the most homes sold since August 2023. Sales rose for all home types with a +13.5% increase in home sales when compared with last February. It is worth not...
February 2024 - Vancouver Real Estate Market Update
Posted on Feb 09, 2024 in Market Update
Hi, I'm Cari Mai and this is your Vancouver Real Estate Market update for February 2024!
The Spring market started early for Buyers! We're seeing line-ups at open houses and buyers are having to compete in multiple-offers again. Sales in Greater Vancouver started strong with a 39% increase in sales compared with last January!
Ok, so what's happening...
