Blog by Major S. Olak

Home sale and listing activity dip below historical averages in October

November 3rd, 2016
VANCOUVER, BC – 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 percent decrease from the 3,646 sales recorded in October 2015 and a 0.9 percent decrease compared to September 2016 when 2,253 homes sold.

Last month’s sales were 15 percent ...