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Vancouver Real Estate Market Update - October 2024

October was a big month for Vancouver real estate! Sales shot up 31.9% compared to last year and an impressive 42% from September. After three interest rate cuts, the market is finally bouncing back.

We saw 5,452 new homes listed for sale, but that’s 10% less than in September. With more people buying and fewer homes for sale, the market is getting tighter. The time it would take to sell all the homes on the market—called months of inventory—dropped from 8.6 to 5.5 months.

Condos were super popular, with sales jumping 48%. But even with all this action, overall prices fell just a little, down 0.6%.

As we see demand ramping up, this is the perfect time to put your home on the market. Inventory is shrinking, and serious buyers are eager to find their next home before a wave of new listings hits the market next year.

If you are curious about how your area is performing, make sure to download the free market report below. If you have any questions, send me a DM to chat.

溫哥華房地產市場更新 - 2024年10月

10月份，溫哥華的房地產市場迎來了重大反彈！銷售量比去年同期上升了 31.9%，相比9月更是大幅增長了 42%。  在連續三次降息後，市場終於開始回暖。 

本月共有 5,452個新房源上市，比9月份減少了 10%。隨著購房需求增加，而市場上的房源減少，市場供應變得更加緊張。市場上的庫存月份也從 8.6個月驟降到 5.5個月。 

其中，公寓銷售表現最為突出，增長了 48%。 儘管市場交易活躍，我們仍然看到整體房價小幅下降了 0.6% 。 

歷史告訴我們10-11月是買家入市的最佳時機，競爭少賣家也想在年底前將房子賣出，這也是為什麼10月銷售會大幅上升的緣故。

如果您想了解您所在地區的市場表現，請下載下面的免費市場報告。如果您有任何問題，歡迎跟我聯繫。