Vancouver Real Estate, Market Summary - October 2022
October 2022 Key Statistics & Summary Link
AVERAGE HOME PRICE INDEX: $1,148,900
MEDIAN DAYS ON MARKET: 14
SALES-TO-ACTIVE RATIO: 20% (Sellers Market)
“Inflation and rising interest rates continue to dominate headlines, leading many buyers and sellers to assess how these factors impact their housing options. With sales remaining near historic lows, the number of active listings continues to inch upward, causing home prices to recede from the record highs set in the spring of 2022.”