The uncertainty of the covid situation has limited April listing and sale activity.
You might be thinking how much is listing and sale activity compared to from last year or last month?
We know home prices are driven by supply and demand.
You may be questioning where are home prices if supply and demand are down?
Take a closer by watching the video below to learn just how much home sales and list ...
The good news is:
- interest rates are low
- any buyers out there are serious; not 'tire kickers, looky-loos' and
- all aspect of the real estate transaction continues with some modificatio ...
p.s. BC government March 26th listed real estate agents as an essential service. As a resul ...
Not unlike other Metro Vancouver areas, WV April listing and sale activity were significantly down with prices holding relatively steady. The big question now is what happens next in this time of social distancing due to the Covid-19 pandemic?
We adapt! Buyers and sellers work with their REALTOR® for information, ad ...
WV's sales-to-Listings Ratio has sustained in Buyer Markets territory for over sixteen months.
Generally analysts say downward pressure on home prices occurs when the ratio dips be ...
Listings were down about -40%, up +3.8% and down -47% for detached homes, attached homes and apartments respectively. Sales down approximately -44% for detached homes, attached -65% and apartments -54%.
April NV House Price Index:
$1,545,100 Detached homes, down -0.4% from March ...
April WV House Price Index:
$2,570,900 Detached homes up +0.7% from March, down -0.4% from Apri ...
Top neighbourhood picks in North Vancouver according to a recent survey looking at Canada's current home buyers, reviewing their needs when it comes to liveability are:
- Marine - Hamilton
- Lower Capilano Marine
- Central Lonsdale
- Lower Lonsdale
- Valley Centre