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...
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...
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...
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...