Stats Corner

"Both Buyers & Sellers Need to Sharpen Approach"

Posted on Oct 09, 2018



Sept 2018 detached transaction levels are 40% below Sept 2017, that is a trend that has been in play for several months and even back to mid-2017. 

Condos, however, have been in at least a strong (if not insane) seller's market since Feb 2015. Sept 2018 marks the first month, which most condo markets have entered at 'balanced' state. 

Balance means b...

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August Sales Weak, But With Leveling 'Sales to Active' Ratios

Posted on Sep 06, 2018




We are seeing some trend changes worth noting. 
  • Sales have continued to decrease, generally across all property types, August 2018 was down 36% from August 2017
  • Listings are up 34% from August 2017, although down 8% from July 2018, still relatively high
  • 'Sales to Active' ratios have mostly leveled off after several months of decline (as you know, this...

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Jeff Appelbe

Phone: (778) 928-7711

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Oakwyn Realty

3195 Oak Street  Vancouver,  BC  V6H 2L2 

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