Our local real estate board reports month-over-month price gains seen earlier this year abated in the Metro Vancouver housing market in September due to a seasonal decline in sales and a modest increase in inventory levels across the region. Sales The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales2 in the…
In West Vancouver, there was 14.8 months of inventory (MOI). This represents a buyer’s market based on MOI. Last month there was 13 months of inventory. The sales to new listings percentage was 17%, which represents a buyer’s market. In North Vancouver, there was 4.9 months of inventory. This represents a balanced market based on…
The key points in the following read include: Interest and fees increase the amount owed for property tax deferment. Seniors (55+), surviving spouses, persons with disabilities, and families with children are eligible for deferment. Interest rates vary by program, and interest is calculated using simple interest on the deferred amount, with no compounding. If you…
