February sales: 3,868, ↓6.3% yearly; seasonally adjusted sales ↓1% from January.
Average price $1,008,968; composite benchmark ↓7.9% yearly; both also ↓ seasonally adjusted MoM.
New listings 10,705, ↓17.7% yearly; active listings 19,414; inventory ↓2.4%.
Board says buyers wait for prices to level off; some also hope for positive international trade news.
100,000 buyers holding off; momentum could return in second half of this year into 2027.
Is moving from Toronto to Vancouver actually more expensive for homeowners?
Moving from the GTA to Langley, BC, may increase monthly non-recoverable expenses by about 10-20%. Groceries and dining out cost more in BC, with grocery bills rising around 10%. Utilities are cheaper due to lower...
