February 2023

Low Inventory And Low Transaction Numbers To start off A Slow January 2023

Posted on Feb 07, 2023

The Real Estate Board of Greater Vancouver stated that in January 2023, there were 1,022 residential home sales in the area, which is a 55.3% drop from the sales recorded in January 2022 (2,285) and a 21.1% decrease from December 2022 (1,295 homes sold).

Last month’s sales were 42.9 per cent below the 10-year January sales average.

“Due to seasonalit...

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