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Steady market with some buying power in Greater Vancouver

Metro Vancouver buyers have more options with new listings, but sales are still below average. October sales increased by 3.7% compared to last year, but remain nearly 30% below the long-term average. The number of listings has increased by 15.4%, with a total of 11,600 properties on the market. Market conditions are becoming more balanced, with slower sales and increased supply. Prices have increased by 4.4% from last year but declined by 0.6% from September 2023.

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