Vancouver Real Estate Market Update for August 2024

This week has brought significant developments to the Vancouver real estate market, with major changes both locally and internationally that are poised to impact buyers and sellers alike. The Federal Reserve held its key interest rate steady, but signaled potential rate cuts as early as September due to a cooling job market and easing inflation. This announcement, coupled with disappointing U.S. job growth and a rising unemployment rate, has led to market volatility. The Sahm Rule, which...