October 2024 - Vancouver Real Estate Market Update
Posted on Oct 11, 2024 in Market Update
Hi, it's Cari Mai, and this is your Vancouver Real Estate Market Update for October 2024!
A Slow Start to the Fall Market 🍂
The Fall market did not start off with the bang 🧨 that everyone was hoping for. Last month, we saw the lowest home sales count since January and we're currently in the 5th consecutive month of declining sales. We saw the 3rd few...
September 2024 - Vancouver Real Estate Market Update
Posted on Sep 13, 2024 in Market Update
Hi, it's Cari Mai, and this is your Vancouver Real Estate Market Update for September 2024!
Home Sales Dip for Fourth Consecutive Month
Traditionally, we'd expect to see a slowdown for the month of August, and this year was no exception. Home sales dipped 17% from last August, marking the 4th consecutive monthly drop in sales. Interestingly, the 3 re...
August 2024 - Vancouver Real Estate Market Update
Posted on Aug 15, 2024 in Market Update
Vancouver Real Estate Market Update for August 2024
Despite a recent 0.5% drop in the Bank of Canada policy rate last month, Vancouver’s real estate market continues to see transactions lagging behind historical norms. With plenty of inventory available, now could be a great time to explore your options.
Across the board, we've noticed prices levelli...
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...
