Vancouver Realty Online

Vancouver Realty Online presents our Downtown Vancouver Market Update for the period running from March 8 – March 15 courtesy susankeevil.com…

Downtown Attached Market Update March 8 – March 15 :

New attached listing supply trended upwards for the second consecutive week following the 2010 Winter Olympic games as we moved towards the Spring market. We saw a quartlery high of 316 new attached listings (up from 290 new attached listings in the previous period) this past week with 190 or approximately 66% of those falling in the downtown markets. The West End and downtown core continued to be the most active markets on the supply side with 35 and 104 new listings respectively. The spring market is historically a busy one for the Vancouver West neighbourhoods, and the regular trends are being accentuated by various Olympic pressures resulting in a slight saturation on the attached supply-side.

Please click HERE for the full article.

We are proud to present our Westside market reports for the period running from March 8 – March 15 courtesy susankeevil.com…

Westside Vancouver Attached Report March 8 – March 15 :

Post-Olympic supply trending continued to increase this past week as we saw 316 new attached listings across Vancouver West (up from 290 in the previous period) with 126 or 40% of those listings falling in the Westside neighbourhoods (up from 111 new attached listings in the previous week). Kitsilano remained the most active market on the supply-side with 38 new attached listings or roughly 30% of Westside supply. The Westside accounted for a slightly higher ratio of overall supply this past week with 40% of all new attached listings (compared with 38% of all listings in the previous period).

Please click HERE for the full article.

Westside Vancouver Detached Report March 8 – March 15 :

New listing supply continued to outpace confirmed sales volume in the Westside detached market this past week as we saw 83 new detached listings across the Westside neighbourhoods (up from 64 new listings in the previous week). Dunbar and Cambie remained the most active areas with 13 and 9 new detached listings respectively. Mid-March has been a historically popular period to list detached homes; especially in established Westside neighbourhoods like Dunbar and Kitsilano. We may be witnessing a relative increase due to slight after-shocks following the 2010 Winter Olympics, though we expect the effect to be felt more accutely in the attached markets (especially downtown).

Please click HERE for the full article.