“The World doesn’t celebrate your similarity but your difference.” — Bernard Kelvin Clive
Sales and listings stats are attached as of September 14, 2019. So far in September sales per day in Greater Vancouver are ahead of August of this year and significantly ahead of September 2018. The typical trend is to see sales in September decrease from the amount of sales in August. This month we are likely to see that change. New listings so far in September while above that of August are 13 per cent below the number at mid month in September 2018. So, while sales are on the increase, new listings are going in the opposite direction and creating more pressure on new listings with the results being multiple offers, albeit with a cautious tone to them. The effect on prices is too early to tell, but this could likely be creating the bottom of the market many have been looking for.
Here is a summary of the activity so far:
Greater Vancouver –1,013...