blog

supply accumulating

(July 16, 2018, posted in North Vancouver Strata)

North Vancouver's (NV) townhome and apartment market sale activity  year-to-date has been holding in seller's territory.

The sales-to-active listings, over a sustained period of time determines the market:
Balanced Territory
A balanced market occurs when the sales-to-active listing ratio is between 12-19%. In a balanced market prices should rise in-line with the long term average of inflation.
Seller’s... read more.

seller market conditions wane or sustain?

(July 15, 2018, posted in North Vancouver Strata)

North Vancouver (NV) apartment market has sustained 'seller market conditions' month after month since February 2015!  


Recent MLS® stats indicate reduced demand and increasing apartment supply will seller market condition wane or sustain for the balance of the year?

Generally, analysts say that downward pressure on property prices occur when the ratio dips below the 12% mark for a sustained period, w... read more.

Market similarities & differences

(July 14, 2018, posted in North Vancouver Homes)

Real Estate Board of Vancouver statistics show market similarities between North Vancouver and West Vancouver detaches homes.  Both experiencing six months of declining sale numbers and increased number of homes listed for sale at the end of each month compared to 2017.

However at this time the sales-to-active listings ratio has sustained since the beginning of the year in 'balanced territory' for N... read more.

slowdown

(July 13, 2018, posted in West Vancouver Strata)

West Vancouver's townhome market slowdown is not unlike what detached homes and apartments sale activity have experienced looking at Real Estate Board of Greater Vancouver (REBGV) statistics year-to-date.


Sale and active listings for West Vancouver (WV) townhomes are limited in contrast to North Vancouver (NV).

REBGV breaks down both West and North Vancouver in 35 subareas.

65 Buyers in 2017 purchase... read more.

shift in the market

(July 12, 2018, posted in West Vancouver Strata)

Statistics from the Real Estate Board of Greater Vancouver show that West Vancouver's apartment listings month after month trending up and sales declining, indicative of a shift in WV's apartment market.


The absorption rate, sales-to-active listing ratio for WV apartments has varied each month since the beginning of the year.

Generally, analyst say the sales-to-active listings, over a sustained peri... read more.