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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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Which way will the market tip?

Which way will the real estate market tip?


With back to school and back to real life, it was a slow first week of September. Now into the 2nd week, property sales have started to accelerate. There is strong growth in new listings coming on the market, which if priced properly are getting the attention of Buyers in the market. Sharply priced listings are selling and Buyers are engaging. Some of the highlights are:

Greater Vancouver:
Total Properties Sold so far in September are 702 (2,299 total in September 2011)
New Listings out in September are 2,924 (5,799 in September 2011)

Vancouver Westside Houses:
Total Properties Sold so far in September are 36 (104 total in September 2011)
New Listings out in September so far are 177 (386 in September 2011)

Vancouver Westside Condos:
Total Properties Sold so far in September are 95 (317 total in September 2011)
New Listings out in September so far are 368 (785 in September 2011)

Vancouver Eastside Houses: Total Properties Sold so far in September are 37 (141 total in September 2011)
New Listings out in September so far are 138 (277 in September 2011)

Vancouver Eastside Condos:
Total Units Properties so far in September are 27 (82 total in September 2011)
New Listings out in September so far are 113 (227 in September 2011.)

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Reciprocity Logo The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.