Month over month, the consistent rise in our listing count has been outpaced by home sales, keeping a lid on home prices. However, this has pushed the Greater Vancouver housing market into the upper end of a buyers’ market. The number of properties listed for sale on the MLS® rose to 16,085 in September 2011. This represents a 4.6% increase over last month and a 4.4% increase compared to September 2010.
What does this mean for you? Honestly, it really depends on where you live but generally speaking, sellers and their REALTORS® have to work harder for an offer. Home staging is becoming popular for sellers to get top dollar and potentially drive multiple offers. They also need to be more accurate in their pricing because they actually have…
