May was again a seller’s market for North Vancouver homes, apartments and townhomes. Seller’s market conditions have held since June 2020 for NV homes, September 2020 for apartments and May 2020 for townhomes.! Seller’s market A seller’s market is when there are more people looking to buy then there are homes available. This causes…
After reaching record-setting levels in 2021, home sale activity has returned to more typical seasonal levels in Metro Vancouver* this spring due, in large part, to rising interest rates. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 2,918 in May 2022, a 31.6 per cent decrease…
West Vancouver total active listing numbers for all property types was up this April from the month before; +10.9% for detached homes, +44.4% for condo’s and +18.2% for townhomes. However one-year change was down for all property types, -10.1%, -22.6% and -50% for detached homes, condos and townhomes respectively. WV April residential sale numbers was…
The one-year change for North Vancouver April 2022 residential sales was less for all property types; down -47.5% for detached homes, -39.6% for condos and -24.6% for townhomes. One-month change for all property types was down too; -18% for detached homes, -22.2% for condos and -12.1%. This April total active listings for all property types…
Home buyer demand in Metro Vancouver* returned to more historically typical levels in April. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 3,232 in April 2022, a 34.1 per cent decrease from the 4,908 sales recorded in April 2021, and a 25.6 per cent decrease from…
West Vancouver March active property listing numbers were not much different from the month before however detached properties were down -8.6%, condos -50.5% and townhomes -42.1% from same month last year. Property sales too were down this March compared to March 2021. Detached properties down -35.7%, condos down -71% and townhomes down -11.1%. The only…
North Vancouver property sales picked up in March from the month before for all property types but down compared to March 2021. SALES One-Month Change One-Year Change Detached Homes …
As 2022 unfolds, North Vancouver continues to experience persistently low inventory numbers and rising prices for all property types. The trend of seller market conditions has been holding on since the Fall 2021 for NV homes, apartments and townhomes! Seller’s market A seller’s market is when there are more people looking to buy then…
West Vancouver strata listings remain stubbornly low in the early part of 2022 in contrast to detached homes. January and February apartment inventory was down -65.3% and -60.2% from the same month in 2021, townhomes -70.8% and -36.4% and detached homes down -12.7% and -1.2%. The real goods….. Both WV detached homes and apartment…
The Metro Vancouver* housing market saw steady home sales activity, modest increases in home listings and continued upward trends in pricing in February. The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totaled 3,424 in February 2022, an 8.1 per cent decrease from the 3,727 sales recorded in…
