News: Vancouver Real Estate Market

Royal LePage predicts continued stability in Canada’s winter recreational real estate market as interest rates expected to hold or moderate

  • National single-family home price in Canada’s winter recreational market decreased 0.7% year over year in the first 10 months of 2023

  • 24% of Royal LePage recreational property market experts reported a decline in buyer demand this year as a result of climate factors or environmental disasters, following unprecedented wildfire season

  • 41% of experts reported an increase...

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An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages.

 The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,996 in October 2023, a 3.7 per cent increase from the 1,924 sales recorded in October 2022. This total is 29.5 per cent below the 10-year seasonal average (2,832) for October.

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An increase in newly listed properties is providing more choice to home buyers across Metro Vancouver, but sales remain below long-term averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,996 in October 2023, a 3.7% increase from the 1,924 sales recorded in October 2022. This total is 29.5% below the 10-year seasonal average (2,832) for October.

"With properties coming to market at a rate roughly five% above the ten-year seasonal average,...

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Best Coquitlam Realtor

Choosing the right REALTOR® is a crucial step to ensure your journey to buying or selling real estate in Coquitlam is a success. A skilled and experienced REALTOR® can make the process smoother and more successful, while an inexperienced or ineffective agent can lead to frustration and missed opportunities. To ensure you make the best choice, this blog post will guide you through the essential factors to consider when selecting the best Coquitlam REALTOR® for your needs.

Experience and Local Knowledge...

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.