Metro Vancouver Housing Market off to a Quieter Start
Home buyers and sellers are more reluctant to engage so far in 2017. The sales-to-active listings ratio for January 2017 is 21%. Conditions within the market vary depending on property type. The townhome and condominium markets are more active than the detached market at the moment. As a result, detached home prices declined about 7 per cent since peaking in July while townhome and condominium prices held steady over this period.
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Downtown Vancouver 13-Month Market Trend
Community – Condo & Townhouse (Attached)
Media Data – Condo & Townhouse (Attached)
Photo by: @e.madou