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Month: December 2015

by Maggie Chandler Maggie Chandler No Comments

Are East Van’s Real Estate Sales Curtailed by Low Inventory?

Are East Van’s Real Estate Sales Curtailed by Low Inventory?

When I check the East Vancouver real estate graphs back in 2005 i noticed the difference in the listings to sales ratio compared to what it currently is. Back in 2005 the total listings were 1,250 compared to 653 today. Sales at the beginning of 2005 totalled 227 vs 314 today, resulting in a sales/active ratio of 48% today, compared to 19% in 2005.Today’s population is greater and I think sales would be higher if there were more listings.

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by Maggie Chandler Maggie Chandler No Comments

Vancouver’s West Side Real Estate Prices Still Trending Up in November 2015

Vancouver’s West Side Real Estate Prices Still Trending Up in November 2015

Average sales price for houses is now $3.5M – up 18.7% over the last year.

Townhomes sit at $1.062.000, up 12.7% over the last year.

Condos clocked in at $748,000, up 15.6% over the last year.

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