Hi, it's Cari Mai and this is your Vancouver real estate market update for November 2023.
Overall, what we're seeing in the market is an increased number of newly listed properties, bringing the total number of homes for sale slightly above the 10 year seasonal average. With more inventory, home buyers have more choice, are taking their time during...
For the first time since February of this year, home sales dipped below the 3,000 unit mark in September. Sales dropped over 17% from August's 3,500 home sales. What happened to the Fall real estate market? Should the tagline now be "when leaves fall, sales fall?"
Hi, it's Cari Mai and this is your Vancouver real estate market update for September 2...
Hi, it's Cari Mai and this is your Vancouver real estate market update for September 2023.
Home sales have been falling for the 3rd consecutive month in August and inventory shrunk for the first time in 6 months. The cost of borrowing money was at its highest levels in 10 years last month which made market trends predictable. We're seeing price gain...
Hi, it's Cari Mai and this is your Vancouver real estate market update for August 2023.
Last month's sales volumes fell 22% from June 2023 and actually, month-over-month, the decline in sales far exceeded what's typical at this time of year. Over the past 10 years, sales usually dip around 9% lower in July than in June. This year however, the sales...
Hi, it's Cari Mai and this is your Vancouver real estate market update for June 2023.
Last month's sales were over 20% more than in April -- this is significantly more than the usual 4% bump in sales between the months of April and May. We're still seeing more available buyers relative to the number of sellers in the market which is the reason for k...