Strength of January 2024 market numbers has our local real estate board saying that their original 2024 forecast may be off!
“It’s hard to believe that January sales figures came in so strong after such a quiet December, which saw many buyers and sellers delaying major decisions,” Andrew Lis, REBGV’s director of economics and data analytics said. “If sellers don’t step off the sidelines soon, the competition among buyers could tilt the market back into sellers’ territory as the available inventory struggles to keep pace with demand.”
Question now is, is January’s strong market activity a one-off month blip or will it continue into February?
Below find REBGV’s (Real Estate Board of Greater Vancouver) complete January report and stats package for *Metro Vancouver!
REBGV-Stats-Pkg-Jan-2024*Metro Vancouver includes:
Bowen Island, Burnaby, Coquitlam, Maple Ridge, New Westminster, North Vancouver, Pitt Meadows, Port Coquitlam, Port Moody,
Richmond, South Delta, Squamish, Sunshine Coast, Vancouver, West Vancouver, and Whistler.
