East Vancouver Real Estate: Condos & Apartments
Looking at the East Vancouver condo/apartment market in June 2013, we saw a 18% drop in condo sales and a long 16 day increase in the number of days on market. There is specific demand in East Van: condos under $600k had a good absorption rate whilst anything more expensive showed less demand, leading to a Buyer’s market. With average prices still hovering around $350-$360k, and the average price per sqft having decreased by $10 since last year, this is still a great entry level market for new Buyers. After a slow start to the year, demand has picked up in Hastings and Hastings East.