What happened in January 2023 in the Greater Vancouver Housing Market?

Sales are down 55.3% from January 2022

New listings down 20.9% compared to January 2022

Total listings on the market down 32.1% compared to January 2022

Sales 42.9% below the 10 year average for January

Detached Market

  • Benchmark price down 9.1%
  • 10.2% sales to active ratio

Townhome Market

  • Benchmark price down 3%
  • 13.4% sales to active ratio

Condo Market

  • Benchmark price down 1.1%
  • 16.7% sales to active ratio

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