Metro Vancouver* home buyers spent the summer months searching for their next home. Between June and August, home sales were 25 % - 30 % above the ten-year sales average.
“There was no summer lull in our market this year. Home buyers have been working with their REALTORS® throughout the summer months,” Darcy McLeod, REBGV president said. “They’re motivated, but they’re competing for a smaller supply of homes for sale than is typical for this time of year — that’s the dynamic driving our market right now.”
“Those who have a sound buying strategy and an understanding of current price trends are having the most success in today’s market,” McLeod said.