REBGV Market Stats - December 2022

January 4th, 2023
Rising mortgage rates brought uncertainty and caution in 2022   After seeing record sales and prices during the pandemic, Metro Vancouver’s* housing market experienced a year of caution in 2022 due to rising borrowing costs fueled by the Bank of Canada’s ongoing battle with inflation. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region t ...