June 2019 Real Estate Market Update
The June market trends is indicating that we are in a buyer’s market as the supply is continuing to 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 June:
- 4734 new listings were added this month, which is a 19% decrease compared to last month, and an 10% Decrease from last June.
- 2,071 properties were sold this month, which is an 21% decrease compared to May, and a 14 % decrease from last year.
- The ratio in June was 14%, which is a 4% decrease compared to May, and a 7% decrease from last year.