REBGV Market Update June 3, 2023
Posted by Pinpoint Listings Marketing Group on
Competition among buyers in Metro Vancouver’s housing market heats up as summer arrives
While the year started slower than usual, Metro Vancouver’s housing market is showing signs of heating up as summer arrives, with prices increasing for the sixth consecutive month.
“Back in January, few people would have predicted prices to be up as much as they are – ourselves included,” the REBGV’s director of economics and data analytics said. “Our forecast projected prices to be up modestly in 2023 by about two per cent at year-end. Instead, Metro Vancouver home prices are already up about six per cent or more across all home types at the midway point of the year.”
SALES TO ACTIVE LISTINGS RATIO
Across all detached, attached and apartment property…
321 Views, 0 Comments

Who Should Come to a Home Inspection?