INFOGRAPHICS: October 2022 REBGV Greater Vancouver Market Reports
Inflation, rising interest rates create caution across Metro Vancouver’s housing market
Home sale activity across the Metro Vancouver housing market continued to trend well below historical averages in October.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 1,903 in October 2022, a 45.5 per cent decrease from the 3,494 sales recorded in October 2021, and a 12.8 per cent increase from the 1,687 homes sold in September 2022.
Last month’s sales were 33.3 per cent below the 10-year October sales average.
The following data is a comparison between October 2022 and October 2021 numbers, and is current as of November 2022. For last month’s update, you can check out our previous post!
These infographics cover current trends in North Vancouver, West Vancouver, Vancouver East, and Vancouver West. Click on the images for a larger view!