September brought a noticeable shift in the Vancouver and Fraser Valley housing markets. In Metro Vancouver, home sales were down 8.4%, while the Fraser Valley saw a 4% dip. Apartment sales took a larger hit, falling by 18.6%. Prices reflected this cooling as well—declining 5.5% in Metro Vancouver and 7% in the Fraser Valley, driven by higher inventory and more cautious buyers. As someone who regularly works across Vancouver, Surrey, Burnaby, and beyond, I’m seeing these trends play out firsthand. Staying informed on these shifts is key if you’re considering your next move or want to keep an eye on how the market is evolving.
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