October 2019 Real Estate Market Update
The October market trends is indicating that we are still in a buyer’s market as however for the first time since last year there was increase in sales. Although there was increase in sales the prices continued to go down and the purchasers took advantage of this opportunity.View Full Report
Let’s take a look at the residential activities in Greater Vancouver in October:
- 4,067 new listings were added this month, which is a 16% decrease compared to last month, and a 16% Decrease from last October.
- 2,854 properties were sold this month, which is an 23% increase compared to September, and a 45 % increase from last year.
- The ratio in October was 23%, a 6% increase compared to September, and an 8% increase from last year.