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If you are planning on moving to Vancouver these are 9 things that you must know.

Don't plan your move to Vancouver before watching this video! After living in Vancouver for nearly 50 years I've seen people make a lot of mistakes. I've made a few of them myself.

If you want to avoid making a bad decision, watch this video so you get a full understanding of what it's REALLY like to live in Vancouver.
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Vancouver Real Estate – Monthly Market Update – Infographic – November 2024
After demand jumped in October, November didn't continue that trend. 

Sales fell month-to-month (-13.2%) but rose (+33%) compared to a year ago. More significantly, the number of sales last month was -9% below the 10-year average....continuing our trend this year of below-average demand, but starting to see that demand consilidate now towards the end of the year.

New listings fell for a second month in a row (-31% month-to-month and +10% year-to-year). This was +7% above the 10-year average. Total active listings meanwhile dropped from last month (-9.8%) but despite that drop, supply is still well above the 10-year average (+24.9%).

Prices continue to fluctuate. All housing types in Vancouver find themselves either flat or more expensive than a year ago...except for Westside houses (-2.3%). Over the last couple of years prices have bounced around a bit but are still hanging right around all-time highs...despite weakness in demand (and higher than usual supply).

I don't like to predict the...
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Categories:   Weekly Vancouver Real Estate Update
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