{"id":1632,"date":"2024-02-06T14:20:39","date_gmt":"2024-02-06T19:20:39","guid":{"rendered":"https:\/\/www.lancephillips.com\/blog\/?p=1632"},"modified":"2024-02-06T14:40:11","modified_gmt":"2024-02-06T19:40:11","slug":"rebgv-monthly-stats-january-2024","status":"publish","type":"post","link":"https:\/\/www.phillipsandprem.ca\/blog\/2024\/02\/06\/rebgv-monthly-stats-january-2024\/","title":{"rendered":"REBGV Monthly Stats &#8211; January 2024"},"content":{"rendered":"<p><strong>Home sales across Metro Vancouver\u2019s housing market off to strong start in 2024<\/strong><\/p>\n<p>VANCOUVER, BC \u2013 February 2, 2024 \u2013 While the Metro Vancouver1 market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the<br \/>\npace of newly listed properties did not keep up with the jump in home sales.<\/p>\n<p>The Real Estate Board of Greater Vancouver (REBGV) reports that residential sales in the region totalled 1,427 in January 2024, a 38.5 per cent increase from the 1,030 sales recorded in January 2023. This was 20.2 per cent below the 10-year seasonal average (1,788).<\/p>\n<p>\u201cIt\u2019s hard to believe that January sales figures came in so strong after such a quiet December, which saw many buyers and sellers delaying major decisions,\u201d Andrew Lis, REBGV\u2019s director of economics and data analytics said. \u201cIf sellers don\u2019t step off the sidelines soon, the competition among buyers could tilt the market back into sellers\u2019 territory as the available inventory struggles to keep pace with demand.\u201d<\/p>\n<p>Full stats package here:<\/p>\n<p><a href=\"https:\/\/members.rebgv.org\/news\/REBGV-Stats-Pkg-Jan-2024.pdf\">https:\/\/members.rebgv.org\/news\/REBGV-Stats-Pkg-Jan-2024.pdf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home sales across Metro Vancouver\u2019s housing market off to strong start in 2024 VANCOUVER, BC \u2013 February 2, 2024 \u2013 While the Metro Vancouver1 market ended &hellip;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1632","post","type-post","status-publish","format-standard","hentry","category-rebgv"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Home sales across Metro Vancouver\u2019s housing market off to strong start in 2024 VANCOUVER, BC \u2013 February 2, 2024 \u2013 While the Metro Vancouver1 market ended 2023 in balanced market territory, conditions in January began shifting back in favour of sellers as the pace of newly listed properties did not keep up with the jump\" \/>\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"Lance Phillips\"\/>\n\t<link rel=\"canonical\" href=\"https:\/\/www.phillipsandprem.ca\/blog\/2024\/02\/06\/rebgv-monthly-stats-january-2024\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 4.9.10\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"Phillips &amp; 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