December 2018 Real Estate Market Update
The December market trends is indicating that we are in to a buyer’s market as the supply has increased.
Being in buyer’s market create a great opportunity for people who are interested interested to negotiate a better price and provides more options to buyers.View Full Report
Let’s take a look at the residential activities in Greater Vancouver in December:
- 1402 new listings were added this month, which is a 60% decrease compared to last month, and an 26% decrease from last December.
- 1,071 properties were sold this month, which is an 33% decrease compared to November, and a 47 % decrease from last year.
- The ratio in December was 10%, a 7% decrease compared to November, and a 20% decrease from last year.