Vancouver Real Estate Market Update for May 2024

In April 2024, the Vancouver real estate market experienced an unprecedented surge in inventory, reaching its highest point in four years. This surge was particularly notable given the market's recent trends and economic uncertainties. The sudden influx of properties for sale had significant implications for both buyers and sellers, prompting a re-evaluation of market dynamics.Total sales in April showed a modest increase compared to the previous year, suggesting some resilience despite preva...