Vancouver home prices, sales top last August, but seasonal slowdown sets in

on Sept. 5, the MLS Home Price Index listed the benchmark price for all residential properties in August at $1,208,400. This marks a 2.5 per cent increase from the previous year, but a 0.2 per cent dip compared to July 2023.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.

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Vancouver home prices, sales top last August, but seasonal slowdown sets inBenchmark prices and residential sales both rose in the Metro Vancouver housing market in August. Read more.
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Vancouver on track to see home price stabilization amid higher borrowing costs: boardVANCOUVER — The Real Estate Board of Greater Vancouver says higher borrowing costs combined with seasonal patterns are putting the housing market on track to see slowing sales and price stabilization. The board's outlook is being informed by August sales, which totalled 2,296, 13.8 per cent below the 10-year seasonal average. Compared with a year earlier, August sales jumped more than 21 per cent. There were 3,943 new listings last month, a roughly 18 per cent increase from a year earlier, but n
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Vancouver on track to see home price stabilization amid higher borrowing costs: boardThe Real Estate Board of Greater Vancouver says higher borrowing costs combined with seasonal patterns are putting the housing market on track to see slowing sales and price stabilization.
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