The Real Estate Board of Greater Vancouver stated that in January 2023, there were 1,022 residential home sales in the area, which is a 55.3% drop from the sales recorded in January 2022 (2,285) and a 21.1% decrease from December 2022 (1,295 homes sold).
Last month’s sales were 42.9 per cent below the 10-year January sales average.
