Greater Vancouver Housing Update – November 2023
As we got closer to the holidays and the weather became colder, November showed an increase in housing inventory, giving home buyers across Metro Vancouver* among the largest selection to choose from since 2021. With one month left in 2023, home sales activity remained up but still modest compared to the long-term averages, and listings were down across Greater Vancouver’s housing market.
Residential Home Sales
The Real Estate Board of Greater Vancouver (REBGV)^ reports that residential sales in the region totaled 1,702 in November 2023, a 4.7% increase from the 1,625 sales recorded in November 2022. This was 33% below the 10-year seasonal average (2,538).
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.