Sept 2024 Market Update: Cautious Buyers Enter a Cool Fall Market

from Patti Martin Team - Vancouver Real Estate Podcast · host Adam Wachtel PREC*

In this episode, we break down the latest numbers in Metro Vancouver’s real estate market for September 2024. Despite recent reductions in mortgage rates, home sales have declined by 3.8% year-over-year, with sales volumes still tracking well below the 10-year average. Listings, on the other hand, have surged, showing a 31.2% increase in total inventory compared to last year, offering buyers more choices. We also explore how continued rate adjustments might impact demand later this fall. Don't miss this in-depth look at Vancouver’s shifting housing landscape!

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This episode is 18 minutes long.

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This episode was published on November 5, 2024.

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