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We are now one more week into the fall market. It appears as though much of the strength of the summer market has held. Yes, listings are creeping up (thank goodness) but sales are staying very consistent (although dropping slightly).
New Listings – Vancouver
There were four weeks of steady increases in New Listings. This past week [...]
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There wasn’t a big change in the Vancouver real estate market this past week. To a large degree, we were relatively flat as far as new listings and sales went. Where we do see a more significant change is in the number of active listings. As expected, this number is beginning to rise after the [...]
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It’s beginning to look as though the beginning of every month lately is having a weak start. My suspicion is that this is due to August and September each having a long weekend at the beginning of the month. With one less day in the week, there are that many fewer real estate transactions that [...]
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The biggest news this week is that the inventory level has increased. This is the first significant increase in about six months. While we had minor fluctuations during that time (an increase of 10 or 20) this past week saw a jump of +2.01%. One has to wonder if we have seen the nadir of [...]
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There have been some fluctuations in our real estate market the last few weeks. After a spring and summer where it seemed as though every week was an improvement on the last, we finally had one bad week at the beginning of August (with the BC Day long weekend).
It looked like an anomally, as that [...]
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