November 2016

activity dips

Posted on Nov 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 wer...

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numbers contrast sharply

Posted on Nov 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 inven...

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