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Welcome
to this month’s edition of our real estate newsletter!
The
market is gaining momentum, and all signs point to a stronger real
estate
landscape ahead. With increasing buyer confidence and steady demand,
we’re
seeing positive shifts that could make this a great time to make your
move, whether
buying, selling, or investing. Stay tuned for expert insights, local
market
updates, and tips to help you navigate the evolving real estate scene
with
confidence. Let’s make the most of the opportunities ahead!
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Home
sellers off to an active start in 2025
VANCOUVER,
BC – February 4, 2025 –
Homes newly listed on the MLS® in Metro
Vancouver* rose 46 per cent year-over-year in January, as sellers
appear eager
to enter the market to start the year. The Greater Vancouver REALTORS®
(GVR)
reports that residential sales in the region totalled 1,552 in January
2025, an
8.8 per cent increase from the 1,427 sales recorded in January 2024.
This was
11.3 per cent below the 10-year seasonal average (1,749). “In the three
months
preceding January, we’ve watched buyer demand gain momentum, but it
appears
that momentum is now shifting toward sellers to start the new year,”
Andrew
Lis, GVR’s director of economics and data analytics said. “Even with
this
increase in new listing activity, sales continue to outpace last years’
figures, signaling some buyer appetite remains after the upswing that
finished
off 2024.”
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