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.

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