Metro Vancouver's early September housing data signals market shift

Mid-month September data from the Real Estate Board of Greater Vancouver shows an anticipated surge in listings of homes for sale is being seen this month. This, combined with a drop in sales compared to previous months, points to a potential shift in the market to a buyer’s advantage, agents say.

At mid-month there have been 2,982 new listings, which is higher than the 2,331 new listings at mid-August and the 2,741 new listings at the mid-point of July. It’s also higher than September last year and above even the mid-point of busy September 2021, when 2,891 new listings had come out with much higher sales, at 1,477 transactions, REBGV’s data shows.

Also, the sales-to-listings ratio was just 29 per cent in mid-September compared to 51 per cent at the mid-point a month earlier, and an average of 55 per cent since January, the data shows.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Metro Vancouver's early September housing data signals market shiftGreater Vancouver listings are increasing as sales are slowing, according to mid-month numbers from the real estate board
Источник: BurnabyNOW_News - 🏆 14. / 77 Прочитайте больше »