Market Update

Metro Vancouver saw a slight increase to the prices, while listings continue to be below the 10-year averages and data shows that transaction numbers have been higher than anticipated this spring while still experiencing elevated borrowing costs.

The latest data on housing listings in February reveals that there is a persistent hesitance among potential home sellers to participate in the Metro Vancouver housing market. This has resulted in below-average sales activity that remains significantly lower than the historical norms. In reflection of this, the number of homes available for sale in...