Although these market statistics are about last month this information can give you some insight into overall market health. Listing inventory, days on market, absorption rates and percentage of sale price to list price, can help you predict future trends. Ask me how"
LISTING LEVELS STABILIZING?
VANCOUVER, B.C. – August 2, 2017
Statistics show home sale activity decreased to more historically normal levels in July and so for the first time this year the selection of homes for sale in the region was able to edge above 9,000 total. This doesn't indicate that supply is out-pacing demand by any means, it just shows some stablization. What happens with interest rates and the economy will surely still dictate the direction of our real estate market come the end of summer. In the meantime, if you are thinking of buying or selling, now is the time to start making plans! And your priority should be to first seek the advice of a full time, experienced professional - like me! Call me, Joe Campbell, at 604-657-1480 anytime. And to see the full stats package click below.
Overall Avarage Sale Prices RBGV