Supply and Demand
There is a shortage of quality listings on the Vancouver market today. Pent-up buyers demand from the holiday season, has led to a robust interest in qualified buyer activity right now. Active listings are in the normal range, however there are not enough quality listings to satisfy the number of these eager buyers at present.
This lack of supply when compared to the extraordinary demand has made it an extreme "Seller's Market" in many areas of Vancouver, North Vancouver, West Vancouver, and some of the outlying areas.
The old adage " when everyone is buying, you sell" seems very appropriate at this time.
If you or someone you know is thinking about moving or selling this year, it bears mentioning that this is a great opportunity to market your home for a fantastic price, please don't hesitate to contact me. I would be delighted to speak to you about a market evaluation and the market in general.
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.