Market Report

Vancouver Housing Market Update for end of July 2018

Posted on Aug 03, 2018 in Market Report

Downtown Vancouver Condo and Townhouse Market

The Downtown Vancouver Attached housing market saw very similar conditions to those experienced last month. While the market remains in what would be considered Balanced Market territory July marked the 3rd consecutive month of reduced sales activity. The 153 sales within Vancouvers Downtown during July...

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Vancouver Real Estate Market Update for end of June 2018

Posted on Jul 03, 2018 in Market Report

The housing market continues to leave us asking more questions this year than it is answering. This reminds me of an Adam Robinson quote I heard in a recent Tim Ferris podcast in which he's discussing the effect of investors over analysis of markets ending with "... the world always makes sense, we just don't understand it". While our market may le...

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Vancouver Real Estate Market Update for May 2018

Posted on Jun 07, 2018 in Market Report

Leading into May as noted in previous updates we had been witnessing the Condo and Townhouse market in Vancouver outpace sales of detached single-family homes quite considerably. There may be a bit of change in the air based upon the most recent stats report received.

In the month of May conditions for buyers of Vancouver Condos and Townhomes have i...

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Vancouver Market Report for April 2018

Posted on May 04, 2018 in Market Report

This past April was another month of interesting competition within the Vancouver Real Estate market. In certain areas and price ranges we're seeing real competition amongst buyers while in other areas we're seeing fierce competition amongst sellers for the few buyers. It remains in my opinion a very good market for those seeking to move-up the pro...

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The Downtown Vancouver market remains firmly within Sellers Market territory.

Posted on Apr 06, 2018 in Market Report

While the number of active listings for sale within the Downtown is up 11% from last month, 415 as compared to 378, the Sales Ratio has remained in favour of the seller with more than 45% of the available inventory selling this past month.

The primary reason for the Sellers Market conditions has to be the inventory levels. You may have heard the sta...

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