Vancouver home sales rose in January as demand outpaced newly listed properties
The Real Estate Board of Greater Vancouver says home sales got off to a strong start in the first month of 2024 but the pace of newly listed properties did not keep up with demand.
The board says January home sales totalled 1,427, a 38.5 per cent increase from the same month last year, though it was still 20.2 per cent below the 10-year seasonal average of 1,788 for the month.
There were 3,788 new listings of detached, attached and apartment properties last month, a 14.5 per cent increase from January 2023, but new listings were 9.1 per cent below the 10-year seasonal average.
Categories
Recent Posts
Remax faces continued pressure ahead of Real takeover
The city at the top of mortgage delinquency, NDAs silence some buyers, the Home of the Week and more top real estate stories
End unit townhouse in White Rock sells to lone offer after slow price decline
Newly built condos in Vancouver are too pricey to sell, CMHC data show
Nova Scotia home was built in 1881 by seafaring captain
Stymied last summer, suburban Calgary homesellers regroup for March sale
Real’s Remax acquisition reignites debate over the future of brokerage models
Saskatchewan price surge threatens ‘affordability advantage,’ said SRA
Asking rents rise for larger units in Toronto: 'We simply don’t have enough'
eXp parent company acquires NextHome, begins trading as AGNT
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "