Vancouver Realty Online

Vancouver Realty Online presents our Downtown Vancouver Market Update for the period running from July 12 – July 19 courtesy susankeevil.com…

Downtown Attached Market Update July 12 – July 19 :

Supply conditions continued to tighten in the downtown markets with 89 new attached listings this past week (compared to 118 attached listings downtown in the previous period).  As a whole Vancouver West attached supply trended downwards after posting a slight recovery in the previous week with 172 new attached listings (down from 209 new attached listings in the previous week).  Entry level downtown conditions remained very tight as sub-$500,000 properties continued to move with regularity and relatively low days on the market numbers.  The luxury markets continued to provide potential buyers with more options as supply conditions remained relatively loose as we saw 14 new attached listings in Coal Harbour to 6 confirmed sales in the neighbourhood.

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