Home sales in Vancouver increased from January to February, butoverall remain lower than 2022.February saw a 76.9% increase, but relative to the year prior, thenumbers were 47.2% lower. The Real Estate Board of GreaterVancouver says the numbers reflect potential sellers’ reluctance to listtheir properties on the market.Over all, metrics such as new listings and benchmark prices haveimproved from January to February of 2023, but remain lower than in2022.The board forecasts that home price trends will show year-over-yeardeclines in the near future. Still, current data and market activitysuggests the price is firming up, with possible modest increases inspring.#VancouverRealEstate #Vancouver #VancouverCanada #RealEstate#RealEstateTrends #IndigineousBusiness

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Home sales in Vancouver increased from January to February, butoverall remain lower than 2022.February saw a 76.9% increase, but relative to the year prior, thenumbers were 47.2% lower. The Real Estate Board of GreaterVancouver says the numbers reflect potential sellers’ reluctance to listtheir properties on the market.Over all, metrics such as new listings and benchmark prices haveimproved from January to February of 2023, but remain lower than in2022.The board forecasts that home price trends will show year-over-yeardeclines in the near future. Still, current data and market activitysuggests the price is firming up, with possible modest increases inspring.#VancouverRealEstate #Vancouver #VancouverCanada #RealEstate#RealEstateTrends #IndigineousBusiness