Greater Vancouver home sales went up again last month, but the region’s real estate board says more people were trying to sell than buy.
Andrew Lis with Greater Vancouver Realtors says momentum is starting to shift from buyer demand to sellers, helping to keep the market balanced and limit price fluctuations.
The composite benchmark price for a home in January was one-million-173-thousand dollars, up half a per cent from a year earlier and 0.1 per cent above December’s level.
Lis says the board is forecasting moderate price growth by the end of the year, but cautions that potential U-S tariffs on Canadian goods or other economic shocks could alter the estimates.
