The numbers for the housing market in Vancouver showed growth in the fourth quarter, much as they have throughout the year. Homes are commanding higher sales prices—even as the number of sales dipped and the median days on the market increased.
There’s more good news for the housing market in Vancouver in the third quarter as we witness the continuation of a historic hot streak. Low interest rates are one of the main drivers of this as it has prompted a flood of house hunters into the market in search of homes. Read on for some key numbers on the Vancouver real estate market for the third quarter.