Market Summary - Vancouver Real Estate, October 2021

SELLER’S MARKET - low inventory, low rates

• 3,494 units sold, 22.4% above the 10 year sales average

• 4,049 units (all types) new listings, 27.3% DECREASE YOY, 21.7% DECREASE MoM

• 8,034 total units listed - 35.3% DECREASE YOY, and 13% DECREASE MoM

• 43.5% sales-to-active listings ratio across all property types

Full Report:

https://www.rebgv.org/market-watch/monthly-market-report/october-2021.html

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Inventory

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Sales

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Price (MLS HPI Price)

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Sales-to-Active Listings Ratio