Vancouver Real Estate Market Update for July 2024

With a market tilting in favor of buyers and sales volumes decreasing, Greater Vancouver's real estate scene is offering a unique opportunity for savvy investors. Despite slight adjustments, the Home Price Index holds steady at $1,207,100, as new listing increases hint at a shifting landscape ready for strategic moves.
Sales:
⬇️ 19% from June 2023
⬇️ 24% below the 10 year seasonal average
Total # of Homes for Sale:
⬆️ 42% from June 2023
⬆️ 20% above the 10-year seasonal average
HPI Benchmark Price : $1,207,100 for all homes across Greater Vancouver
⬆️ 0.5% from June 2023
⬇️ 0.4% from May 2024
⚠️ Major changes to BC Zoning on single-family lots:
Watch here 👉 • ☠️ Death of the Single...
🙋‍♀ Cari Mai PREC*
📲 604-727-9922
📧 [e-mail]
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