Friday’s Facts Vancouver West

The Vancouver Real Estate market just keeps bumping along. The “Chicken Little” types are out in full force calling for a drop. This week is not showing any major change but you never know when an egg will be laid.

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This week’s numbers

  • New listings below last year’s number by -7.0%.
  • The total number of listings is up by 15.0% from last year.
  • Units sold is down by 31.0% from this time last year.
  • The Average price is up from last year.

50/50 Guesstimate

With the number of units being sold below last year’s record high and a higher inventory of product available we may start to see some price reductions taking place in the weeks ahead. The average price might drop a bit.

Got a Vancouver Real Estate question? I’ll do my best to answer it. Call or send me an email. Larry

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

When Life Moves You - contact Larry:

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.
**Numbers provided may vary as they are dynamically posted by the REBGV.

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