November 2011 RSS Feed

Found 1 blog entry for November 2011.

vancouverrealestate_400This past month the sales to active listings ratio in Greater Vancouver shifted slightly to 15% which places us from the higher end of a buyers’ market into the lower end of a balanced market. This is because home sales remain steady while listing inventory takes a break for the first time this year. There were 4,374 new listings in October which is in line with the 10 year average for new listings. Currenlty, there are 15,377 properties listed for sale in Greater Vancouver, 4% lower than last month.

While the number of sales increased slightly last month, detached prices decreased by 1.6% in October and condos decreased by 3%. Attached properties increased marginally by .5% compared to the previous month. Price stability combined with a healthy…

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