Sales Climb & Prices Hold: A Steady Fall Market in Vancouver

Greater Vancouver’s real estate market saw a bit of a lift in October, with average home prices edging up 1% to $1.27 million. The bigger story, though, was a strong rebound in sales which was up more than 20% from September. That’s the second-busiest month so far this year. Still, sales remain below the 10-year October average and down 14% from last year. Meanwhile, active listings dipped slightly to 15,797 homes. All in all though, the market is steadying… not soaring, but showing a little more life as buyers start to re-engage.  READ FULL REPORT HERE