In West Vancouver, there was 13 months of inventory (MOI), down from 14 months in March. The West Van market continues to be in buyer’s market territory based on MOI. The sales-to-new-listings ratio came in at 21%, which indicates a buyer’s market.
In North Vancouver, the MOI decreased, reaching 5.7 months of inventory compared to 6 months in March. The North Van market is in balanced market territory based on MOI. The sales-to-new-listings ratio for North Van was 30%, which indicates a buyer’s market.
Source: JohnJennings.com
