Vancouver’s real estate market started bubbling in January. I was in a multiple offer situation back then and noticed an increase in buyer inquiries compared to last Fall. In February I noticed condos that were priced right were selling in 30 days. But April was when it went crazy and it hasn’t stopped since.
I listed or sold within a week, condos in the Capers building, Citadel Parade, 1616 Bayshore Drive, 2057 W. 3rd, The Qube, Aquarius 1 and many had multiple offers.
If sales for June are less than May I believe it’s because the listings aren’t keeping pace with the sales. Vancouver west side has fewer listings than they did a year ago and the sales for June will be more than June 2008. Read more