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In August, the Greater Vancouver real estate market showed resilience despite a decline in inventory and month-over-month decrease. The aggregate average price surged by $9,841, elevating property values to $1,283,604. There was a year-over-year increase of 417 units sold, with properties transacted at 98.6% of their asking price and an absorption rate of 24%.
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In August, Greater Vancouver real estate showed resilience with a $9,841 price surge and an average sale price of $1,283,604. Despite a decline in inventory and month-over-month …