costs: GVR REM Editorial Team | Nov 08, 2024 Home sales in Metro Vancouver jumped 31.9 per cent in October compared with the same month last year, according to Greater Vancouver Realtors (GVR). The real estate board says the strong sales are a sign buyers may be responding to lower interest rates.  “To some market watchers, this rebound may come as a surprise, but with four consecutive rate cuts from the Bank of Canada and more likely to come on the horizon—it was only a matter of time until signs of renewed strength in demand showed up,” explains Andrew Lis, GVR’s director of economics and data analytics. Sales slightly below 10-year average   There were 2,632 residential sales registered on MLS in the region, 5.5 per cent below the 10-year seasonal average, after months of tracking approximately 20 per cent below the trendline.    New listings jump nearly 17%   The board says 5,452 properties were newly listed…