Vancouver sees boost in housing supply as sellers re-enter market

Vancouver's real estate market is experiencing a shift with increased seller activity and rising home sales. In January, 1,552 homes were sold, an 8.8% increase from last year, though still 11.3% below the 10-year average. New listings surged 46.9% to 5,566 properties. The total homes listed reached 11,494, up 33.1% year-over-year. The composite benchmark price for all housing types rose to $1,173,000. Economic factors, including potential US tariffs on Canadian imports, may influence future market conditions. Apartment sales increased by 13.4%, while detached home sales were relatively flat.