Jay Mcinnes

Mobile: 604-771-4606

EMAIL

E#262 - September Market Update + Vancouver Street Team

Greater Vancouver HOME SALES AUGUST: all types
2,296 in August 2023, + 21.4% YoY (1,892)  -13.8% below the 10-year seasonal average (2,663).

Metro Vancouver NEW LISTINGS AUGUST: all types
3,943 newly listed for sale August 2023. +18.1% YoY (3,340)-5.3% below the 10-year seasonal average (4,164).

Metro Vancouver TOTAL LISTINGS: all types
10,082 total listings -0.2% YoY (10,099). -13.4 per cent below the 10-year seasonal average (11,647).

Sales to Active Listings Ratio ( X 12 X 20 X)
23.9 % Across All Properties

14.2 per cent for detached homes30.3 per cent for townhomes31.9 per cent for apartments

ALL RESIDENTIAL PROPERTIES – METRO VANCOUVER
Benchmark price - $1,208,400 + 2.5% YoY

E#262 video questions
Why do you think real estate prices are so high?