How's the Market?
Below average home sales allow inventory to inch upwards.
February listing data show a continued reluctance among prospective home sellers to engage in Metro Vancouver’s housing market, leading to below-average sales activity. With sales remaining well-below historical norms, the number of available homes for sale in the region have continued inching upwards.
These are all points you can find on your local new. In this month's video, we dive into the actual Real Estate Board of Greater Vancouver's market update video and fill in the blanks so you know what's happening now, not just last month.
Let's dive in! Click below.
BC Real Estate News
BRITISH COLUMBIA
Here's how much the cost of owning a home in BC has fallen since last year (DailyHive)
New housing starts in B.C. to decline despite record spending (Vancouver Sun)
LOWER MAINLAND
Vancouver leads nation in office completions, lowest vacancy rate (BIV)
VICTORIA & VANCOUVER ISLAND
Greater Victoria real estate market limps into 2023 (Times Colonist)