The Greater Vancouver Housing Market continues to maintain a relative balance between number of homes for sale and the number of people wanting to purchase a home.
According to the Real Estate Board of Greater Vancouver, we are in a “balanced market” in which prices are stable and other conditions don’t tilt in favour of buyers or sellers, says REBGV President Sandra Wyant. Last month’s sales were 22.2% below the 10 year sales average for the month.
The Fraser Valley and Greater Vancouver real estate boards reported that the Multiple Listing Services in June declined from May levels and sales for the first half of 2013 have fallen significantly below last year's activity.
If you plan to enter the market today or the near future, I am happy to narrow down your criteria needs and we can work together to buy or sell a home.