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Highlights of Dexter’s December 2023 Report

  • Prices in Greater Vancouver were up 5% in 2023

  • Vancouver West Side detached prices showed an increase of 11.4% in 2023

  • Total number of New Listings were the lowest since 2001

  • Let the interest rate decreases begin

  • The Buying signal is now

It would seem...

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Opportunities in today's market

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There are opportunities in today’s Real Estate Market, they just need to be found! While we are seeing the numbers of active listings increase, there are opportunities for those that want to sell and those that want to buy.

 



GREATER VANCOUVER: Sales for the month are at 2,383 – on pace to match, possibly exceed April’s sales of 2,837 but total active listings are currently 19.6% higher then this time last year. May should finish with 7 Month’s Supply of listings (Balanced bordering on Buyer’s Market)

VANCOUVER WEST SIDE: Sales for the month are at 495 – similarly on pace to meet April sales of 550 but total active listings are currently 37% higher than this time last year. May should finish with 7 Month’s Supply of listings.
Vancouver West Side Houses: Sales for the month are at 109 – and may be close to April sales of 130. Total active listings are currently 74% higher than this time last year and as a result May will finish with 8 to 9 Month’s Supply – a Buyer’s Market!
Vancouver West Side Condos: Sales for the month are at 342 and should beat April sales of 360 – good activity in the first time buyer’s segment. Total active listings are currently 26% higher than this time last year. May should finish with 6 Month’s Supply – Balanced Market.

VANCOUVER EAST SIDE: Sales for the month are at 255 – will be down from 341 sales in April. Total active listings are currently 25% higher than this time last year. May should finish with 5 Month’s Supply trending towards a Balanced Market.
Vancouver East Side Houses: Sales for the month are at 126 – and should beat April sales of 135. Total active listings are currently only 13% higher than this time last year. May should continue at 4 Month’s Supply of listings keeping in it a Seller’s Market.

RICHMOND: continues to be a softer market. With sales for the month currently at 221, it will fall short of 307 for April. Total Active listings are currently 34% higher than this time last year. May should finish with 10 to 11 Month’s Supply of listings – heavily into a Buyer’s Market. Great opportunities for those looking to buy and pricing is key for listing.

Our Current Passion Projects


They’re fun, and you’re all invited!




Pillow Talk

 

this event gathers women and leaders in the community for a salon-style information sharing from experts in our community. 





Swaps 


Invented by Ruthie in 2008, this bi-annual event draws over a hundred women to “swap” their gently used clothes. Attendees get a refresh of their wardrobe with fantastic finds without spending money, with remaining clothing donated to women’s charities.

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Crofton House School Golf Tournament
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Pacific Autism Family Network Golf Tournament Sponsor
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Dexter Realty - South Granville

560 - 2608 Granville Street

Vancouver, B.C. V6H 3V3


Ruthie PREC: 604-879-2941

ruthie@ruthieandpaige.com


Paige PREC: 604-603-3475

paige@ruthieandpaige.com

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