June 2024

When selling a house or condo in Vancouver, determining the asking price, also known as the list price, is one of the most crucial decisions a seller must make. Setting the right price can significantly impact the level of interest from potential buyers and the ultimate success of the sale.

The number of transactions on the Multiple Listing Service® (MLS®) declined in May compared to what is typical for this time of year in Metro Vancouver(1). This shift has allowed the inventory of homes available for sale to continue to accumulate with over 13,000...