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slowdown

(July 13, 2018, posted in West Vancouver Strata)

West Vancouver's townhome market slowdown is not unlike what detached homes and apartments sale activity have experienced looking at Real Estate Board of Greater Vancouver (REBGV) statistics year-to-date.


Sale and active listings for West Vancouver (WV) townhomes are limited in contrast to North Vancouver (NV).

REBGV breaks down both West and North Vancouver in 35 subareas.

65 Buyers in 2017 purchase... read more.

shift in the market

(July 12, 2018, posted in West Vancouver Strata)

Statistics from the Real Estate Board of Greater Vancouver show that West Vancouver's apartment listings month after month trending up and sales declining, indicative of a shift in WV's apartment market.


The absorption rate, sales-to-active listing ratio for WV apartments has varied each month since the beginning of the year.

Generally, analyst say the sales-to-active listings, over a sustained peri... read more.

varied property conditions

(June 12, 2018, posted in West Vancouver Strata)


West Vancouver townhome inventory, availability is limited compared to North Vancouver.  As a result of insufficient townhome sale activity a monthly MLS House Price Index, HPI, bench mark prices cannot be produced.

In May there were 2 WV townhome sales in the $900,000 to $1,499,999 price band.  End of May townhome active listings included:
  • 1 in the $400,000 to $699,999 range,
  • 7 in the $900,000 to $1,4... read more.

all-time highs

(June 10, 2018, posted in West Vancouver Strata)


In West Vancouver, total apartment sales were down 22% from May 2017.  

May sale price bands included:
  • 2 sales in the $200,000 to $399,999 range,
  • 3   "         "        $400,000 to $899,999 range,
  • 7   "         "         $900,000 to $1,499,999 range, 
  • 4   "         "         $1,500,000 to $1,999,999 range,
  • 4   "         "         $2,000,000 to $2,999,999 range and
  • 1   "         "         $4,000,000 to $4,999,999 range.
New listings rose 60.5% from May 2017 and up 34.5% from the 10 Year Monthly N... read more.

sales down

(May 14, 2018, posted in West Vancouver Strata)


West Vancouver townhome sales this April were down 86% from April 2017 and down 75% from the 10 Year Monthly Sale Average.  

At any time West Vancouver strata options are limited in contrast to North Vancouver. For example, last year West Vancouver strata sale activity accounted for 32% of 756 property sales (includes houses, townhomes and apartments) compared to 61% for North Vancouver's 2,684 of wh... read more.