Vancouver Realty Online

Vancouver Realty Online presents our Downtown Vancouver Market Update for the period running from April 13 – April 20 courtesy susankeevil.com…

Downtown Attached Market Update April 20 – April 27 :

New listing supply continued to trend upwards this past week after remaining relatively stable for two consecutive weeks previously.  We saw 368 new attached listings across Vancouver West (compared to 329 new listings in the previous period), with 204 new attached listings or roughly 55% of all new listing supply falling in the downtown neighbourhoods.  The West End and Coal Harbour continued to demonstrate strong supply numbers with 43 and 33 new attached listings in each neighbourhood respectively.  The downtown core continued to account for the ‘lions share’ of the supply activity with 105 new attached listings or roughly 51% of all downtown listing activity.

Sales activity rebounded this past week after falling marginally in the previous week as we saw 173 confirmed attached transactions across Vancouver West with the downtown markets ccounting for 86 attached sales or roughly 49% of all confirmed attached transactions.

Please click HERE for the full article.

We are proud to present our Westside market reports for the period running from April 20 – April 27 courtesy susankeevil.com…

Westside Vancouver Attached Report April 20 – April 27:

New listing supply on the Westside demonstrated growth this past week after decreasing slightly in the previous period; we saw 164 new attached listings across the Westside (compared to 130 new attached listing in the previous period), which accounted for roughly 45% of all new listings across Vancouver West. Kitsilano and Fairview continued to lead the way in regards to Westside supply with 51 and 42 new attached listings in each neighbourhood respectively; together these two areas accounted for roughly 57% of all attached supply on the Westside.

Confirmed sales volume trended upwards after remaining stable for two consecutive weeks as we saw 87 confirmed attached sales on the Westside, which accounted for roughly 51% of the total 173 attached sales across Vancouver West.

Please click HERE for the full article.

Westside Vancouver Detached Report April 20 – April 27:

Supply numbers continued to trend sharply upwards this past week after remaining relatively stable through most of first quarter 2010; we witnessed 137 new detached listings on the Westside this week (compared to 85 new detached listings in the previous period) as sellers continue to rush to place their homes on the market before the regular ‘summer down market’ occurs in the later July and August months. South Granville and Shaughnessy led the way in regards to new listings with 17 new detached listings in each neighbourhood; Dunbar, Kerrisdale, and Mackenzie Heights also posted strong supply numbers with 12 new detached listings in each area.

Please click HERE for the full article.