Steady trends continue in the Greater Vancouver housing market.
Consistent home sale and listing activity has allowed balanced market conditions to prevail in the Greater Vancouver housing market for most of 2013. This year's activity has resulted in gradual and modest increases in home prices of approximately 1% over the last 12 months in the region. Sales volume was up 37.7% last month compared to November 2012.
Hottest Market's in Greater Vancouver?
1. DETACHED Houses in North Vancouver. Sellers market
28% sales ratio. Average price is $1,035,000
2. ATTACHED Condos and Townhouses
Eastside Vancouver. Sellers market 28% sales ratio. Average Price is $385,000
3. DETACHED Houses on the Eastside of Vancouver.
Sellers market 26% sales ratio. Average price is $937,500
4. ATTACHED Condos and Townhouses in Downtown Vancouver. Sellers market 22% sales ratio. Average price $480,000.
Yaletown saw the most activity with a 29% sales ratio. The Westend came in 2nd place with a 25% sales ratio. The Downtown core came in 3rd with 22% sales ratio and Coal Harbor was dead last with and in a buyers market with a 8% sales ratio.