December 2023 Market Update

Metro Vancouver’s housing market closed out 2023 with market conditions that were resilient in the face of the highest borrowing costs seen in over a decade.
Home sales in 2023 totaled 26,249 that is a 10% decrease from sales recorded in 2022. Last year’s sales total was 23.4% below the 10-year annual sales average.
If you are looking to buy, sell or have questions about real estate, please give me a call.
Victor Song PREC*
Royal LePage Sterling Realty
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