![A graphic showing the October, 2023 market statistics which is repeated in the text below the image.](https://ccrealtors.com/wp-content/uploads/2023/11/Housing-Stats-for-Newsletter-Nov.png)
October 2023 Vancouver Area Market Statistics
“The prime driver of the activity – or lack thereof – in our current markets is high interest rates. Today’s interest rate environment is causing those who might otherwise want or need to move, but who have locked in a rate in the 2s, 3s, or 4s, to stay and wait for rates to come down before moving, while buyers are being hit with the double-whammy of high prices and high interest rates holding down affordability. Lowering interest rates coupled with more housing production would help to free up available inventory in Clark County.” – CCAR President, Curtis Ambrose
![](https://ccrealtors.com/wp-content/uploads/2023/11/Oct-2023-YTD-1024x1024.png)
![](https://ccrealtors.com/wp-content/uploads/2023/11/Oct-2023-MSP-1024x1024.png)
![](https://ccrealtors.com/wp-content/uploads/2023/11/Oct-2023-Market-Time-1024x1024.png)
![](https://ccrealtors.com/wp-content/uploads/2023/11/Oct-2023-Closed-Sales-1024x1024.png)