Early Edition - October 2017
Nov 02, 2017
Written byRyan Berlin
The ghosting of inventory continues in OctoberThe latest Vancouver housing market stats have just been released this morning, and rennie Intelligence has compiled a summary of sales and listings for the Greater Vancouver board area. Listings were extra-spooked and remained in hiding, while sales were robust. Click here for this month’s Early Edition.
The Vancouver Region recorded a second consecutive monthly increase in sales counts in February, with the expansion exceeding the typical seasonal surge. Market conditions tipped back in favour of sellers despite a boost in the supply of available homes.
The sales slump in the Central Okanagan’s housing market extended into January, with last month marking its eighth consecutive monthly decline in transaction counts.