September brought another dip in the Vancouver and Fraser Valley housing markets. Metro Vancouver saw home sales decrease by 8.4%, while Fraser Valley sales slipped 4%. Apartment sales took a sharper turn, falling 18.6%. Prices followed suit, with a 5.5% decline in Metro Vancouver and a 7% drop in Fraser Valley. These shifts reflect a market with higher inventory and buyers proceeding thoughtfully. Having called this region home for nearly three decades and guiding clients for over 12 years, I understand how local dynamics shape both opportunities and challenges. Staying informed is key to making sound decisions in a changing landscape.
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