Low supply continues to limit Metro Vancouver home buyers

Reluctance amongst Metro Vancouver* home sellers is impacting sale and price activity throughout the region’s housing market. February home sales were in line with our long-term historical average for the month. While home sales are not happening at the pace we experienced last year, home seller supply is still struggling to keep up with today’s demand. This is why we’ve seen little downward pressure on home prices, particularly in the condominium and townhome markets.

For a no obligation, no pressure, accurate assessment of your home value please contact us at 604.685.5445. We have qualified buyers who may be interested in your property.

Downtown Vancouver 13-Month Market Trend

Community – Condo & Townhouse (Attached)

Media Data – Condo & Townhouse (Attached)

Photo by: @jordanevaans