Vancouver housing market more balanced after spring and summer slowdown, board says

Cherry trees line a residential street in Vancouver, on April 4, 2023.

The Real Estate Board of Greater Vancouver says a jump in new listings is helping to bring some balance back to the region’s housing market.

The board says September sales totalled 1,926, a 13.2 per cent increase from the 1,701 sales recorded the same month last year. But the total was 26.3 per cent below the 10-year seasonal average of 2,614 and marked a 16.1 per cent drop from 2,296 sales in August.

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