August brings less home buying and selling activity to Metro Vancouver’s housing market VANCOUVER, BC – September 2, 2022 – Metro Vancouver’s* housing market is going through a slower summer season with fewer listings and sales. Residential home sales in the area reached 1,870 in August 2022, according to the Real Estate Board of Greater Vancouver (REBGV). This represents a 40.7 percent decline from the 3,152 sales recorded in August 2021 and a 0.9% decline from the 1,887 homes sold in July 2022. Sales last month fell 29.2% short of the 10-year August sales average. “In an inflationary…
