October 2016 Real Estate Market Stats

Home buyers and sellers face changing market dynamics

VANCOUVER, B.C. - November 2, 2016 Reduced home sale and listing activity are changing market dynamics in communities across Metro Vancouver*.

Residential property sales in the region totalled 2,233 in October 2016, a 38.8 per cent decrease from the 3,646 sales recorded in October 2015 and a 0.9 per cent decrease compared to September 2016 when 2,253 homes sold.

Last month’s sales were 15 per cent below the 10-year October sales average.

Click here for complete report: October 2016 REBGV Stats Package