In a recent report by the Royal Bank of Canada, the home affordability crisis in Vancouver has escalated to unprecedented levels, marking a significant challenge for potential homebuyers. Published in April 2024, the report underscores that the final quarter of 2023 was the most challenging period for Canadians striving to afford a home, with Vanco...
Residential property sales in Metro Vancouver saw a slight decrease of 4.7% in March 2024 compared to March 2023, with 2,415 homes sold. This is significantly below the 10-year seasonal average.
Increased Listings:
There was a notable increase in homes listed for sale, with a 23% year-over-year rise in March 2024, offering more options for...
