Vancouver Real Estate Market Moving Towards Balance
The Real Estate Board of Greater Vancouver released the June statistics for the Metro Vancouver real estate market.
“With sales below the 10-year average and home listings above what’s typical for the month, activity in June brought closer alignment between supply and demand in our marketplace,” Rosario Setticasi, REBGV president said. “With a sales-to-active-listings ratio of nearly 22 per cent, it looks like we’re in the upper end of a balanced market.”
See the Vancouver stats package below and the video update under that.
What do you think about the Vancouver real estate market? Leave a comment below.