Metro Vancouver home sales this October were 14% lower than last year, staying below the 10-year seasonal average. With slower sales, more homes on the market, and the Bank of Canada cutting rates for the fourth time this year on October 29, buyers now have some of the best conditions we’ve seen all year, and many are watching closely to see how confidence will respond.
If you're thinking about buying or moving up, this market is in your favour, more supply, softer prices, and lower rates mean now is a great time to move!
https://youtu.be/2VNA6HU4x6Q
💬 Questions about the market? Let’s chat!
📲 Watch the full video update and subscribe for ongoing insights.
#RealEstateMarket #MetroVancouver #HousingTrends #FallRealEstate #HomeBuying #HomeSelling #RealEstateCanada #BuyersMarket #Upsizing
👨💼 Victor Song PREC*
📍 Royal LePage Sterling Realty
📞 604-779-8408
📧 info@victorsong.com
🌐 www.victorsong.com
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.