East Vancouver Real Estate Market Update – August 2013

08.08.2013

July saw not a drop of rain and lots of Real Estate activity. The big trend that developed from analyzing July’s numbers was a sheer increase in the number of sales compared to July of last year, along with a decrease in the number of listings. Last July was the start of a slow market and this July saw a return to a normal amount of activity. I suspect that since the last four months of 2012 were slow, the 2013 stats will continue look good in comparison. The media, as always, will ride this “story” of a hot market using these comparisons. Pent-up demand from the last half of 2012, is what fed our spring market, and with the help of the “hot market stats”, I’m guessing that we’ll be steady for the rest of the year…

East Vancouver Condo Market Update

East Vancouver Townhome & Half Duplex Market Update

East Vancouver House Market Update

East Vancouver continues to be the hot spot in Vancouver Real Estate. There are lots of great new condo developments, lots of older units with charm, some homes needing renovations and renovated homes waiting for the right Buyer. We’ve got quite a few new listings coming up – including this great one bedroom condo on Main St – thanks to Sellers trying to jump the gun before the fall market – so if you’re at all interested in joining in, give us a shout – we’re happy to get the ball rolling!

 

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