The number of apartments and homes listed for sale in Vancouver is skyrocketing while the number of sales is down dramatically. With these fundamentals it is likely only a matter of time before prices start dropping.
The Spring selling season has come to an end, and it appears a dramatic change in our local real estate climate has occurred. No longer a sellers market, the terms “balanced market” and “buyers market” are now common place among home buyers and sellers. Now more than ever when selling a home it is important to be competitively priced amongst the competition and market your home from a variety of different angles.
Tags: Real Estate | Vancouver | Home | North Vancouver | Climate | june | over | inventory | last | PRICED | Buyers | Tech & Biz | amongst | month end sales | selling season | dramatic change | sellers market
1 Comment(s)
Comments RSS TrackBack Identifier URI
Leave a comment
Estate market price keep dropping since the explode of subprime crisis.
Don’t think the effect has gone, big impact is yet to come.
Better get ready for recession. Prevention is better than cure.