Vancouver's housing market saw a strong start in January, with 1,552 homes sold, an 8.8% increase year-over-year. New listings surged to 5,566, a 46.9% rise from the previous month, contributing to a total inventory of 11,494 homes, up 33.1% from last January. The benchmark home price is stable at $1,173,000, reflecting a slight 0.5% annual increase. While apartment and attached homes experienced the largest sales gains, experts warn of potential economic impacts, such as U.S. tariffs, that could affect future market conditions.
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