Sale activities for Vancouver's neighbourhoods
Want to know what's happening with the real estate market in your neighbourhood? I have also compiled data for each neighbourhoods for Vancouver Westside and Eastside including price ranges for each area.
Is the real estate market slowing down now that higher interest rates are here? You may have seen the latest home sales and prices and wondered - what is going on in my neighbourhood? Are we up? Are we down?
Have a look at my latest statistical data on your neighbourhood to find out if you are in a buyer or seller's market.
The number of properties listed for sale in Greater Vancouver continued to rise in May, while the number of sales showed a year-over-year decrease.In terms of number of property listings, last month marked the third consecutive month during which more than 7,000 homes were listed for sale on the Multiple Listing Service (MLS®) in Greater Vancouver.
New listings for detached, attached and apartment properties totalled 7,014 in May 2010, a 48.2 per cent increase compared to May 2009 when 4,733 new units were listed, and an 8.3 per cent decline compared to April 2010 when 7,648 properties were added to the MLS®. For more info, click here for more details.
Please note: Current monthly supply of homes on the market is defined as the ratio of the current inventory of active listings compared to sales. If 12 homes sold in the last 12 months in a given market that means that the market will absorb 1 house per month on average. If there are 10 homes currently on the market there is a 10 month supply. A 6 month supply is a balanced market, less is a sellers market and more is a buyers market. Click here for the latest Vancouver real estate market update.
Your Vancouver Real Estate Source!
If you want to know all about Vancouver real estate and homes for sale in Vancouver... or if you're looking to buy a house in Vancouver,this is the place. Feel free to use this site as your primary source for all Vancouver real estate You will find plenty of useful information on our neighbourhood as well as plenty of information for both buyers and sellers.
Whether you are a first-time buyer or seasoned homebuyer, I am committed to helping you find the perfect property to fit your lifestyle. With my detailed knowledge of the area and highest possible commitment to your success, I welcome the opportunity to meet with you and discover how you can work together to start turning your dreams into reality.
A great way to search all Vancouver and the Lower Mainland's properties for sale. A quick and easy way to find the homes for sale in the neighbourhood, street by street with Google map. Click here.
