More Choice for Vancouver Buyers

Vancouver’s market activity is creating more choice for buyers. The city recorded 457 sales against 1,445 new listings, while homes averaged 27 days on market. Across Metro Vancouver, sales totalled 1,717, and new listings reached 5,947—up 41% from August. Sales were 8.4% lower year over year, adding context to the current pace of activity. Pending-sale data was not provided, but 10 months of supply points to a buyer-friendly market. Buyers may have more listings to review, while sellers can benefit from informed pricing, presentation and timing decisions. If you are considering a move in Vancouver, British Columbia, reviewing these indicators with a local real estate agent can help you plan your next step. Message me to talk about your move.