It's Autumn... the hockey season has started and the Blue Jays are making a run to take October! The Vancouver real estate market is still going strong! Here are 5 things you should know about the real estate market in Greater Vancouver:
- Supply: We had 3,081 properties listed thru the month of September which is down -36.6% from this time last year (September 2014) and down -3.4% from last month (August 2015).
If we look into those stats further.... we have 2.3 months of inventory for detached houses and 2.8 months of inventory for attached homes.
- Demand: 1,178 properties sold in September which is up +20.1% from this time last year (September 2014) and is down -1.2% from last month (August 2015).
- Time: The average time for a detached…
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