July 2024

Canadian Housing Activity Perks Up in June

Posted on Jul 18, 2024


Activity in Canada’s housing market saw some early signs of renewed life in June 2024, following the Bank of Canada’s interest rate cut at the beginning of the month.

Home sales activity recorded over Canadian MLS® Systems climbed 3.7% between May and June 2024. 

“It wasn’t a ‘blow the doors off’ month by any means, but Canada’s housing numbers did pe...

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Market shifting in buyers’ favour, though hesitation remains 

Posted on Jul 08, 2024

Metro Vancouver home sales registered on the MLS® remained below seasonal and historical averages in June. With reduced competition among buyers, inventory has continued to accumulate to levels not seen since the spring of 2019.

The Greater Vancouver REALTORS® (GVR) reports that residential sales in the region totalled 2,418 in June 2024, a 19.1 per...

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