North shore market update

(April 05, 2017)

John Jennings of Royal LePage Sussex-John Jennings reports that 'In West Vancouver, there were 59 sales in the month of March. The sales to new listings ratio was 38% which represents a balanced market. For March 2017 the sales to total active listings percentage was 15%, a decrease from 45% in March 2016. Sales for March 2017 were down by 87 units compared to March 2016. 

The West Vancouver listin... read more.

demand continues to outpace supply

(April 04, 2017)

Metro Vancouver’s March housing market continued with a shortage of residential property listings coupled with strong demand, particularly for condos and townhomes.

Residential property sales in the region totalled 3,579 in March 2017, a decrease of 30.8% from the 5,173 sales recorded in record-breaking March 2016 and an increase of 47.6% compared to February 2017 when 2,425 homes sold.

Last month’s... read more.