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Budget 2023: Home sales and prices expected to decline this year
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Budget 2023: Home sales and prices expected to decline this year MLS home sales in the province fell by 35.2 per cent last year, with many regions throughout B.C. Looking ahead, the Ministry of Finance predicts that home sale activity is expected to continue to decline by 13.3 per cent in 2023, followed by an increase of 17 per cent in 2024. The total value of ho...

Real Estate Investment Markets in Washington
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Real Estate Investment Markets in Washington Here are some pros and cons of investing in Tacoma real estate: Affordable real estate market with lower median home prices than Seattle and Bellevue Growing job market, including healthcare, education and government sectors Beautiful parks and outdoor recreation opportunities Lower property taxes t...

Vancouver home sales down 47.2% in February, prices off 9.3% in sluggish market
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Vancouver home sales down 47.2% in February, prices off 9.3% in sluggish market The number of homes for sale in Vancouver is inching up due to below-average sales activity, one of the few silver linings in a market that continued to operate at a sluggish level in February. According to the Real Estate Board of Greater Vancouver (REBGV) monthly report released on March 2, Februa...

Metro Vancouver Home Sales May Dip In 2023, While Prices Rise
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Metro Vancouver Home Sales May Dip In 2023, While Prices Rise Published: 3:35 PM Feb 1, 2023 Despite unstable economic conditions, the real estate market in Metro Vancouver is expected to remain relatively steady in 2023, with home sales projected to near what the region saw in 2022, according to a new market outlook from the Real Estate Board of Greater Vanco...

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Home sales decline below long-term averages and inventory remains low to start 2023
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Home sales decline below long-term averages and inventory remains low to start 2023 This should provide more certainty for home buyers and sellers in the market.” There were 3,297 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service ® (MLS ® ) in Metro Vancouver in January 2023. This represents a 20.9 per cent decrease compare...

Surrey property taxes set to soar if budget approved | CTV News
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Surrey property taxes set to soar if budget approved | CTV News Nine-and-a-half per cent of that is for costs associated with policing as the city tries halt the transition from the RCMP to the Surrey Police Service. “It is a short-term increase only to deal with the issues that we face due to the mismanagement of the police transition.” If the proposed incr...

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Home Evaluation Estimate How much is your home worth? Type your property address and get a quick home estimate.

Home Sales Decline Below Long-Term Averages And Inventory Re...
| MENAFN.COM
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https://www.roomvu.com/nws/W4o0j0Ri119eprK

Home Sales Decline Below Long-Term Averages And Inventory Re... | MENAFN.COM With mortgage rates having risen so rapidly over the last year, we anticipated sales this month would be among the lowest in recent history.” - Andrew LisVANCOUVER, BC, CANADA, February 2, 2023 /einpresswire.com / -- Inventory remains low in Metro Vancouver* while home sales dipped well below mont...

When Will Rents Come Down?
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When Will Rents Come Down? The city and many others argued that a dramatic increase in the new supply of rental housing would, to the extent that this reduced a scarcity of rental housing supply, lead to at least a slowing of dramatic recent rental costs and open up older apartments for new occupancy by middle-income wage ear...

Greater Vancouver home sales to flatten while prices inch up, forecast says - Pique Newsmagazine
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Greater Vancouver home sales to flatten while prices inch up, forecast says - Pique Newsmagazine VANCOUVER — Home sales in Greater Vancouver are predicted to stay in line with last year’s slower pace, while prices inch up slightly. While the current downturn has resulted in a price decline of about 10 per cent, the forecast says steady population growth in Metro Vancouver will underpin pric...

Residential real estate sales, prices to follow 2022 trend: REBGV forecast
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Residential real estate sales, prices to follow 2022 trend: REBGV forecast Sales activity in the region is expected to remain flat while prices inch up slightly To show the stark difference in supply now versus what has been seen historically, Lis said that in the early 1990s, the region would tend to see around 18,000 units for sale at the end of a month. Residential sale...

Metro Vancouver's housing slowdown to continue into 2023: forecast | Urbanized
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Metro Vancouver's housing slowdown to continue into 2023: forecast | Urbanized Based on the Real Estate Board of Greater Vancouver’s (REBGV) 2023 housing market forecast released today, the total number of home sales this year will be consistent with the totals of the previous year. REBGV notes home prices in Metro Vancouver have historically been relatively immune to the im...