October 2023 Market Stats – GVA

Sales Volume Down But Prices Remain Steady

REBGV Market Analysis – October 2023

The REBGV housing market remains resilient in the face of challenging economic conditions. Over the past few months, we’ve witnessed an increase in home values, amounting to $31,351 since June. This brings the average home price in Greater Vancouver to $1,301,970, marking a noteworthy year-over-year increase of $62,063. Among the various housing segments, the detached category continues to display strength, with a monthly increase of $63,931 and impressive annual gains of… more