Metro Vancouver Real Estate Market update for March 2023


This Hasman Market update was filmed at Le Marché St. George

This cute neighbourhood cafe and general store is in the heart of Riley Park - Little Mountain in east Vancouver at 4393 St George St, Vancouver, BC V5V 4A3

They are really known for their relaxed neighbourhly vibe and have lots of great little treats, like locally produced honey, maple sugar, jams, and of course, great coffee!

The February numbers are in, and the glimmer amongst the declines of the last number of months include: 

A resurgence of activity in February, which is expected, and we're really experiencing a shortage of supply on the market. Home buyers have less choice of homes to purchase. Without product on the market, sales are naturally surpressed. 

What to expect in the Metro Vancouver Spring Real Estate Market

We expect a slow and steady rise into the spring home market with more invetory entering the market, it looks like interest rates have stablized for now and prices will likely stay flat. We are optimistic for more activity with multiple offers. due to the shortage of supply. 

If you'd like a consult on your particular situation, Jill and I are always here to help, simply call 604-657-7936. 


No comments

Post Your Comment:

Your email will not be published
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.