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Greater Vancouver July 2023 Market Update

Greater Vancouver July 2023 Market Update

Residential Home Sales

July was a busy month for home sales throughout the lower mainland, which pushed home prices up across all home types throughout Metro Vancouver*, adding pressure on local inventory levels.

The Real Estate Board of Greater Vancouver (REBGV) reported that residential home sales across the region totalled 2,455 last month – 28.9% up from the 1,904 sales recorded in the same month last year. This figure sat at 15.6% below the 10-year seasonal average (2,909).

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https://stilhavn.com/metro-vancouver-housing-update-july-2023/

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