Throughout 2013, the North Shore housing market maintained a consistent balance between supply and demand. This resulted in modest price and sales increases. While we didn't see record-breaking sales months as we have in past years, it was definitely a stronger market in 2013 compared to 2012 where the market peaked in April and ended on a less than stellar note. This year, however, North Vancouver prices are up over last December and so are sales, with the exception of townhouses.
We didn't really see too much of a slow-down in December and were still showing properties as late as Christmas Eve! Buyers definitely remain on the lookout.
North Vancouver detached home prices are up 4% over last December, condos are up by 3% and townhouses by 2%. Detached sales have doubled from 32 in December of 2012 to 61 in December 2013. Condo sales were also up... 58 compared to 34 while townhouse sales were down; 14 compared to 22. There has been a lot of condo product to choose from but townhouse inventory remains fairly limited.