This months Early Edition shows a strong attached market with a 24% up in condo sales and 30% increase in townhomes than one year earlier. Combined sales for both these types of properties account for 71% of sales in January. The benchmark prices for condos for the Real Estate Board of Greater Vancouver is now $655,400 and townhomes are $803,700. Vancouver East is one of my favorite locations in the lower mainland with benchmark prices for condos sitting at $545,600 this month up an incredible 25% in sales from last year. These markets are showing no signs of slowing down!
For your reading pleasure, please click here for the January 2018 edition of the Early Edition.
Sarah Reimer is a Real Estate Advisor with rennie & Assocaites Realty and currently part of the Tsawwassen Shores Sales Team. Sarah is excited to work with new home buyers in both the pre-sale and re-sale market and specializes with working with First Time Home buyers. Sarah's favorite neighbourhoods in the lower mainland include Strathcona, Kerrisdale and Tsawwassen. Contact Sarah @ 778-968-5247 or email sreimer@rennie.com.