activity dips

(November 03, 2016)

Reduced home sale and listing activity are changing market dynamics in communities across Metro Vancouver*.

Residential property sales in the region totalled 2,233 in October 2016, a 38.8 per cent decrease from the 3,646 sales recorded in October 2015 and a 0.9 per cent decrease compared to September 2016 when 2,253 homes sold.

Last month’s sales were 15 per cent below the 10-year October sales aver... read more.

numbers contrast sharply

(November 02, 2016)

In West Vancouver, there were 22 sales in the month of October. The sales to new listings ratio was 18% which represents a buyer’s market. For October 2016 the sales to total active listings percentage was 5%, a decrease from 27% in October 2015. Sales for October 2016 were down by 94 units compared to October 2015.

The West Vancouver listing inventory has increased by 6 homes compared to Septembe... read more.