Several straight monthly gains: is Canada’s market turning?

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July marked the fourth consecutive month of rising Canadian home sales, a trend that’s hard to ignore. With the average sale price nudging up 0.2% to $674,819, and new listings down 1.6%, we’re seeing supply tighten across the country. Inventory now sits at 4.7 months, which points to a market that’s finding its balance. For those navigating the Greater Vancouver landscape, staying informed on these shifts is essential. I always strive to provide honest, straightforward guidance so you can approach your real estate decisions with clarity and confidence.

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