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Vancouver Real Estate Market Report

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Vancouver Real Estate Market Report

Hot Spots in Vancouver

Even Vancouver, as quickly growing as it is, has hot spots to look for.  In my opinion, I have found two niche areas in Vancouver that are growing a lot of attention for buyers: Yaletown Lofts and Coal Harbour Penthouses.  These two niches in Vancouver real estate have been on my radar for months now as great buys. I feel that, although reasonably priced, the rewards of ownership in any of these areas, will be a tremendous benefit for the long run.  With conveniences to everything so close by, the larger spacious living areas and the views… own a piece of Vancouver today.

Related Article: Best Tips for Selling your Vancouver Condo

Current Vancouver Real Estate Market Report

Home sales for Vancouver Real Estate Market Report September 2018 as reported by Ashley Smith, REBGV president-elect. “Fewer home sales are allowing listings to accumulate and prices to ease across the Metro Vancouver housing market,” Ashley Smith, REBGV president-elect said. “There’s more selection for home buyers to choose from today. Since spring, home listing totals have risen to levels we haven’t seen in our market in four years.” Times Are Changing... - Vancouver Real Estate Market Report September 2018 The Vancouver Real Estate Market Report September 2018 in Metro Vancouver, sales were 36.1% below the 10 year September average. The sales-to-active listings ratio for September 2018 in Vancouver was 11.9%. By property type, Detached Homes: 6.5%, Townhouses: 14.9%, and Condos: 16.8%. Analysts suggest downward pressure on home prices occur when the ratio falls below the 12% mark for a sustained period. And an upward pressure when it remains over 20%. Total number ...
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Andrew Szalontai, Vancouver Realtor

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