November 2023 Market Stats – GVA

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Decoding Greater Vancouver’s Real Estate Dynamics Amid Market Flux and Potential Rate Cuts

REBGV Market Analysis – November 2023

As the month of November drew to a close, the Greater Vancouver real estate market experienced a modest 1.39% contraction. The current average sales price of $1,238,888 reflects a robust 6.74% increase from the previous year, underscoring the buoyancy of the real estate market across Greater Vancouver. The surge in inventory seems to have… more