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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 July 2018 as reported by Phil Moore, REBGV president. “With fewer buyers active in today’s market, we’re seeing less upward pressure on home prices across the region,” Phil Moore, REBGV president said. “This is most pronounced in the detached home market, but demand in the townhome and apartment markets is also relenting from the more frenetic pace experienced over the last few years.” Housing supply up with fewer Buyers - Vancouver Real Estate Market Report July 2018 The Vancouver Real Estate Market Report July 2018 in Metro Vancouver, sales were 29.3% below the 10 year July average. The sales-to-active listings ratio for July 2018 in Vancouver was 17.1%. By property type, Detached Homes: 9.9%, Townhouses: 20.2%, and Condos: 27.3%. 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 ...
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Andrew Szalontai, Vancouver Realtor

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