April 2017

North shore market update

Posted on Apr 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...

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demand continues to outpace supply

Posted on Apr 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 t...

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