We have experienced intense demand for homes across the North Shore over the past year and a half. Throughout this period the supply of homes has often struggled to meet this demand in certain North Vancouver and West Vancouver neighborhoods.
Interestingly ,the volume of listings entering the market has however begun to increase in recent months. Have a look at the numbers for West Vancouver and North Vancouver in the table below:
We can't predict the future however we know the sustained increases of supply can have a moderating effect on demand pressures within a housing market! The next couple of months we will see if this trend continues.
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