susankeevil.com is proud to present our Downtown Vancouver Attached Market Update for the period March 23 - March 30.
Listing supply calmed down this past week, posting 297 new attached listings across all of Vancouver West (compared to an annual high of 358 new attached listings in the previous period). The downtown core fell from 133 new active attached listings to 96 new attached listings with False Creek North, Coal Harbour, and the West End also posting lower average listing figures after three consecutive weeks of growth following the Olympics. Though listing supply has decreased, it still remains relatively high if we look at previous seasonal trending, and since sales growth has remained relatively static for the past new week we may have longer to wait before we see the excess supply absorbed into the market. The downtown neighbourhood accounted for roughly 57% of all new listing activity across Vancouver West (down slightly from the 61% we saw in the previous week).
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Susan Keevil

Vancouver, BC

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RE/MAX Select Properties

Address: #250, 4255 Arbutus St., Vancouver, BC, V6J 4R1

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Susan Keevil covers the Vancouver West real estate market - from Coal Harbour to Kitsilano!


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