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what's up with our market?

(January 12, 2018, posted in North Shore)



Looking back on the past year market activity differed considerably based on property type.

North Vancouver total sales were off 8% from 2016 and down 17.5% from 2015....but prices continued to rise; detached homes up 5.6%, townhomes up 15% and with the biggest gains found in condo's up 20% from 2016.

West Vancouver total sales were down 29% from 2016 and 43.5% from 2015. Prices were mixed; detache... read more.

transitioning market

(December 05, 2017, posted in North Shore)


In West Vancouver, there were 37 sales in the month of November. The sales to new listings ratio was 25% which represents a buyer’s market. For November 2017, the sales to total active listings percentage was 7%, an increase from 6% in November 2016. Sales for November 2017 were up by 11 units compared to November 2016.

The West Vancouver listing inventory has decreased by 25 homes compared to Oct... read more.

market conditions vary

(November 18, 2017, posted in North Shore)


Real Estate market conditions continue to vary significantly based on property type.

West Vancouver October house sales were up a bit from October 2016, 29 and 23 respectively, down from September's 35 and approximately 54% below the 10 year October average of 64 sales. 
 
October new listings were up from last year, 149 versus 119 and approximately 13% above the 10 year Oct average of 132.
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West Vancou... read more.

greater market balance

(November 01, 2017, posted in North Shore)


In West Vancouver, there were 29 sales in the month of October. The sales to new listings ratio was 19% which represents a buyer’s market. For October 2017 the sales to total active listings percentage was 5%, representing no change from 5% in October 2016. Sales for October 2017 were up by 7 units compared to October 2016.

The West Vancouver listing inventory has increased by 9 homes compared to... read more.

housing type price trends

(October 31, 2017, posted in North Shore)


The MLS® HPI is an alternative measure of real estate prices that provides a clearer picture of market trends over traditional tools such as mean or median average prices.

A mean average is the average price obtained by dividing the total dollar volume of sales by the number of sales.

To get a median price, all of the sales prices are arrayed in numeric order. In the case of an even number of sales... read more.