Demand, relative to supply, for detached homes is lower right now than demand for town homes and apartments, this is causing prices to remain stable, or flat, for town homes and apartments, while detached homes are seeing modest month-over-month declines. The sales-to-active listings ratio for November 2016 is 26.4%. This is up 2% from last month (24.4%). The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $908,300. This represents a 1.2% decrease compared to last month but a 20.5% increase compared to November 2015.

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

Downtown Vancouver 13-Month Market Trend

Community – Condo & Townhouse (Attached)

Media Data – Condo & Townhouse (Attached)

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