March 2023 - Vancouver Real Estate Market Update: Slightly Improved!
Posted on Mar 14, 2023 in Market Update
Hi, it's Cari Mai and this is your Vancouver real estate market update for March 2023.
Home sales rose for the first time in 4 months but MLS home sales is still 33% below the 10 year average sales volume for February!
We're starting to see more homes come on the market for sale for the first time in 5 months with the overall market conditions shift...
February 2023 - Vancouver Real Estate Market Update: Sluggish Sales
Posted on Feb 13, 2023 in Market Update
Hi, it's Cari Mai and this is your Vancouver real estate market update for February 2023.
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 tha...
January 2023 - Vancouver Real Estate Market Update: Will It Get Better?
Posted on Jan 01, 2023 in Market Update
Hi, it's Cari Mai and this is your Vancouver real estate market update for January 2023. Happy New Year!
Last month across Greater Vancouver, we saw sales counts hit the lowest level since 2008 and housing inventory on the market still scarce. Vancouver's housing market is still being driven by inflation and increasing costs of borrowing money. Sale...
December 2022 - Vancouver Real Estate Market Update: End of Year Slowdown
Posted on Dec 09, 2022 in Market Update
Hi, it's Cari Mai and this is your Vancouver real estate market update for December 2022.
We're entering the final month of the year and we're still seeing home sales and listing activity trend below long term averages across Greater Vancouver. Sales have dipped below 2,400 transactions last month, making it the 2nd lowest sales count for November i...
November 2022 - Vancouver Real Estate Market Update: Winter is Coming
Posted on Nov 16, 2022 in Market Update
Hi, it's Cari Mai and this is your Vancouver real estate market update for November 2022.
When you see news headlines that read, "Sales dropped 46% from October 2021!!" Don't freak out! Remember, the market is cooling down from an all-time high. Of course you're going to see a big drop! Last month's sales numbers are falling back to what was seen in...
October 2022 - Vancouver Real Estate Market Update: The Fall Market Scaries!
Posted on Oct 12, 2022 in Market Update
Hi, it's Cari Mai and this is your Vancouver real estate market update for October 2022.
September marked the start of the Fall real estate market! We saw more homes come on the market while home buyer activity dipped 36% below the 10-year September home sales average. The Bank of Canada has been hiking rates in an effort to curb inflation and the c...
