Vancouver Realty Online presents our Downtown Vancouver Market Update for the period running from January 11 – January 18 courtesy susankeevil.com…
Downtown Attached Market Update:
Confirmed sales volume continued to lag notably behind new listing supply as we saw 58 confirmed transactions across all of Vancouver West. The downtown core demonstrated the largest gap in listing to sales ratio with 25 attached sales downtown compared to 78 new listings; giving us a low 32% listing saturation rate. The West End, and Kitsilano also demonstrated low confirmed sales numbers when compared with new listing volume.
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