12/05/2022
NOVEMBER MARKET STATS ARE OUT!
While typically a quiet month of market activity based on seasonal patterns, November home sale and listing totals lagged below the region’s long-term averages.
Here’s a little breakdown:
- Month sales were down 36.9% from the 10-year average for the month.
- There were 22.9% fewer homes listed than the previous year.
- The benchmark price for a home in Metro Vancouver was $1,131,600
Feel free to call if you have any questions!
Home sale and listing activity continue trending below long-term averages in November.