April Stats for Greater Vancouver
It's official... Greater Vancouver is in a "balanced market". After the previous 9 months in a buyer's market, and the resulting price drops, the past two months have seen the sales-to-active-listing ratio jump to 15.2%, then 15.7%. The last time the sales ratio was above 15% was at the peak in May 2012. Prices are now up 1.6% since January.The market does of course vary in different areas. For example North Vancouver is in seller's market at a 26% sales ratio, while West Vancouver is still in a buyers market at 11%. For more information on your market please don't hesitate to contact me.
For the complete April Sales Stats click here : REBGVStats_2013_04.pdf