Bandel & Associates

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Market News & Blog Updates

Here is what's happening in Vancouver's housing market.

Markets favour home sellers... 10 year High for sales volume!

The Strongest April for Home Sales in a Decade

BCREA reports that April was the strongest month for residential sales in a decade and 2015 is shaping up to post the strongest level of consumer demand since the last recession. The inventory of homes for sale is down from the previous year, with April showing the lowest level since 2007. This increasing demand and waning inventory has favoured home sellers in Vancouver, Victoria, Okanagan Mainline and the Fraser Valley.

 

Source: BCREA.

 

Markets favour home sellers... 10 year High for sales volume!

The Strongest April for Home Sales in a Decade

BCREA reports that April was the strongest month for residential sales in a decade and 2015 is shaping up to post the strongest level of consumer demand since the last recession. The inventory of homes for sale is down from the previous year, with April showing the lowest level since 2007. This increasing demand and waning inventory has favoured home sellers in Vancouver, Victoria, Okanagan Mainline and the Fraser Valley.

 

Source: BCREA.

 

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