October Market Update
186.00 Rs.
Published date: 2024-11-11
- Location: T0k 1z0, Andhra Pradesh, India
October brought a surge of activity to Metro Vancouver’s real estate market as buyers returned in force after months of subdued demand.
Lower mortgage rates and improved buyer confidence drove a remarkable 31.9% increase in home sales compared to last year, signaling a potential shift in market momentum as we head into the winter season.
Here’s a closer look at the latest data.
October 2024 marked a significant turnaround in Metro Vancouver’s real estate market, towing service near me with home sales surging 31.9% year-over-year, suggesting that recent mortgage rate cuts have finally encouraged buyers to enter the market.
Greater Vancouver REALTORS® reported 2,632 sales, slightly below the 10-year seasonal average but a notable improvement from previous months.
Detached Homes:
Sales of detached homes reached 724 in October, a 25.5% increase compared to October 2023.
Lower mortgage rates and improved buyer confidence drove a remarkable 31.9% increase in home sales compared to last year, signaling a potential shift in market momentum as we head into the winter season. Here’s a closer look at the latest data.
October 2024 marked a significant turnaround in Metro Vancouver’s real estate market, towing service near me with home sales surging 31.9% year-over-year, suggesting that recent mortgage rate cuts have finally encouraged buyers to enter the market. Greater Vancouver REALTORS® reported 2,632 sales, slightly below the 10-year seasonal average but a notable improvement from previous months.
Detached Homes:
Sales of detached homes reached 724 in October, a 25.5% increase compared to October 2023.
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