Recent local real estate board data at the end of November, shows West Vancouver Residential Composite* Benchmark Price down -1.3% from a year ago, and North Vancouver up +6%.
*all properties including single family dwellings, townhomes and apartment/condos
In all housing markets, there are often, predictable ebbs and flows that happen each year. It’s called seasonality. Spring is often the peak homebuying season when often the market is most active. In the Summer, the activity may wane, pick up in the Fall and then begins to wane again as holiday season and year end approaches.
If you have questions about what’s happening with detached homes, townhomes and or condo/apartment prices in West Vancouver or North Vancouver, connect with [email protected]