Today's release of April stats, from the Real Estate Board of Greater Vancouver, continue to show supply is not keeping pace with demand in the condo & townhome market. Across the Greater Vancouver area, the sales-to-active listings ratio for April 2017 is 45.5 per cent for all property types: 26 per cent for detached homes, 58.2 per cent for townhomes, and 82.2 per cent for condominiums.  Read the full release here: Real Estate Board of Greater Vancouver April Stats. 

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Joanne Hoekstra is a Realtor® and Sales Advisor with rennie & Associates Realty and currently part of the Tsawwassen Shores sales team. Joanne is experienced in helping buyers find their perfect community and also works with investors building their real estate portfolio. She is always on the look out for great investment opportunities. Joanne can be reached at 604-722-6645 or jhoekstra@rennie.com or follow Joanne on Facebook at www.facebook.com/jhoekstra.rennie