Vancouver Westside Residential Real Estate Market Update
Whether you are looking to buy or sell a home or investment property in the coming months, or just curious about what’s happing in your neighbourhood, the dynamic market stats provided by the Greater Vancouver Realtor (GVR - formerly Real Estate Board of Greater Vancouver) are the perfect starting point for first-time Buyers and market savvy investors alike. The stats is updated automatically at the beginning of every month.
Background
The statistical data is provided by the Real Estate Board of Greater Vancouver and is updated monthly. If you’re new to the Vancouver area’s markets and want to learn about general market trends in Greater Vancouver, this is a great place to start. To navigate the volatile Vancouver residential property market, one should consult with his/her/their preferred Realtor for detailed property information for the type of property in the sub-areas of interest. Any of the following are examples of typical questions. The inventory and sales figures, as well as the median sale price for the subarea’s property type. Real Estate information is quite fluid, and broad trends should only be used as a guideline. A Real Estate professional’s experience and network will be the most valuable tools in assisting customers in devising a long-term strategy and making an informed decision at the appropriate timing.
Vancouver Westside Residential Real Estate Market (Resale)
*The statistics include resale and new construction data and are used by most media outlets and the REBGV media package. Note: Pre-sale information is usually not tracked in these metrics.