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Market Shift to Buyers Favour 2024

Blog by Diane Cardoso | July 8th, 2024

Market Shifts to Buyers Favour, but Buyers are still hesitating!

Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019.“This dynamic is bringing inventory levels up to a healthy range not seen since before the pandemic. This trend is providing buyers more selection to choose from and driving all market segments toward balanced conditions.”