October 1, 2023

September 2023 Market Update

The leaves are starting to change colours for one of my favourite times of the year. The colours, the cooler weather and fall sweater season is about to start!

With that said, here is your market update for the month of September for the Real Estate Board of Greater Vancouver1 and for the Fraser Valley Real Estate Board2. Like the weather, the market is changing as we start to see inventory levels moving closer to the historical long term market averages. This factors may have an impact on your decision and timing to enter or make changes in today’s real estate market. Happy to talk this through if needing context or additional information.

As always, if you are interested in obtaining information about a specific city or neighbourhood don’t hesitate to let me know. This month I’ve included a link to my calendar – feel free to book a convenient time to connect via telephone. Click here for MyCalendar. Tip: Include a note about the city or neighbourhood you want more information about and I’ll prepare some information relevant to your situation. Its quick, easy and no obligation.

I like keeping it short and to the point so if wanting more detailed information with no obligation don’t hesitate to let me know.

 

Chart with stats for Fraser Valley

September 2023 Fraser Valley Market Overview

Chart with stats for Greater Vancouver

September 2023 Greater Vancouver Market Overview

1 – The Real Estate Board of Greater Vancouver consists of the areas of 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.

2- The Fraser Valley Real Estate Board consists of the communities of Abbotsford, Langley, Mission, North Delta, Surrey and White Rock