The Real Estate Board of Greater Vancouver (REBGV) has reported that residential sales in the region reached a total of 1,996 in October 2023. This represents a 3.7% increase compared to the 1,924 sales recorded in October 2022.
Detached Home Sales: In October 2023, there were 577 sales of detached homes, which is a 0.7% decrease compared to the 581 detached sales recorded in October 2022. The benchmark price for a detached home in Metro Vancouver was $2,001,400 in October 2023.
Apartment Home Sales: In October 2023, there were 1,044 sales of apartment homes, marking a 4.9% increase compared to the 995 sales recorded in October 2022. The benchmark price for an apartment home in Metro Vancouver was $770,200 in October 2023.
Attached Home Sales: In October 2023, there were 356 sales of attached homes, which represents a 6.6% increase compared to the 334 sales recorded in October 2022. The benchmark price for an attached home in Metro Vancouver was $1,100,500 in October 2023.
The overall market conditions have adjusted towards a more balanced state. The multifamily segment (which includes properties like apartments and townhomes) is experiencing more activity compared to the detached segment (single-family homes) at this time. This indicates that there may be a stronger demand for multifamily properties. Balanced market conditions can influence pricing, negotiation power, and the overall real estate experience for all parties involved.
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Anna Litvak Joseph PREC*
Top 10% of realtors in Greater Vancouver
Anna is a licensed REALTOR® based in Coquitlam and working all over Greater Vancouver, has an impressive track record and a wealth of experience in the real estate industry. Anna emphasizes the importance of building valuable relationships and ensuring client satisfaction. This customer-centric approach is fundamental to her business philosophy.
With over 10 years of sales experience and a background as a successful entrepreneur, Anna brings a high level of professionalism, customer service, and integrity to her real estate career. Anna’s outstanding performance in real estate is underscored by her impressive achievements. She qualified as a President's Medallion Club Member in 2018, 2019, 2020, 2021, and 2022, placing her among the top 10% of real estate agents in Greater Vancouver.
As a full-time REALTOR®, Anna is dedicated to providing her clients with top-notch service, expert advice, and outstanding results in their real estate transactions.
Anna’s professional experience and education in online marketing give her a unique perspective on effectively marketing homes in various locations, including Coquitlam, Port Coquitlam, Port Moody, Burnaby, Pitt Meadows, Maple Ridge, New Westminster, and the Lower Mainland.
Anna’s impressive background and dedication to her clients make her a highly respected and successful real estate professional in the Greater Vancouver area and beyond. Her commitment to professionalism, integrity, and achieving outstanding results is evident in her track record and industry recognition."
BC PRIME REALTY GROUP is a full-service real estate team that has grown over the years to a trusted brand that provides service to thousands of happy buyers and sellers.
BC PRIME REALTY GROUP values diversity and relationship, therefore they follow client- centric approach, making it stress-free journey throughout their real estate experience.
BC PRIME GROUP is truly passionate about their mission of deliver excellence in Real Estate by building long term relationships. Their professionalism, expertise and knowledge is the reason why the majority of their business consists of referral or repeat customers.