October 2018 Real Estate Market Update
The October market trends is indicating that we are in to a more 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 August 2018:
- 4,868 new listings were added this month, which is a 7% decrease compared to last month, and an 7% increase from last October.
- 1,966 properties were sold this month, which is an 24% increase compared to September, and a 35 % decrease from last year.
- The ratio in October was 15%, a 1% decrease compared to September, and an 18% decrease from last year.