November 2018 Real Estate Market Update
The November 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 November 2018:
- 3,459 new listings were added this month, which is a 29% decrease compared to last month, and an 16% decrease from last November.
- 1,608 properties were sold this month, which is an 18% decrease compared to October, and a 42 % decrease from last year.
- The ratio in November was 13%, a 2% decrease compared to October, and a 19% decrease from last year.