It seems warmer weather isn’t the only change that summer has brought home buyers across Metro Vancouver*, but also further increases to the growing residential property pool.

According to Daniel John, Chair at the Real Estate Board of Greater Vancouver (REBGV), “Home buyers have more selection to choose from and more time to make decisions than they did over the past year. Rising interest rates and inflationary concerns are making buyers more cautious, which is allowing listings to accumulate.”

Now operating in a changing marketplace, buyers are weighing up various home types, price, and potential locations, which is resulting in less homes being sold across the region.

Read more...

https://stilhavn.com/metro-vancouver-housing-update-june-2022/

Read full post
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.