Market Showing Signs Of Slowing Down? Cont’d..
Last month I highlighted the dip in sales and listings we saw in March, and that trend has continued into this month. What we saw in April was actually an increase in listings over the previous month, with a decrease in sales. This shows further decline in buying activity, however we still have a long way to go before it negatively affects prices. Prices rose another +5.2% over March, although the leaders of the pack are interestingly further from the core. Vancouver West was near the bottom of the list at +4.6% up, while areas like Surrey (+6.7%), North Delta (+9.8%) Tsawwassen (+7.3%) and Maple Ridge (+6.7%) lead the pack in price gains. Burnaby East went up +7.5% and remains one of my favorite areas for investment with low prices and plenty of space to climb.
The Quick Numbers
REBGV Video Update
On A Personal Note
Over the past few years I have challenged myself both personally and professionally: Completing triathlons; half marathons; and selling out my first new-condo development project as a sales-manager.
This year I wanted to give myself a brand new challenge that merges both realms: Philanthropy through riding 200+km on a bicycle to support cancer research. I am excited to engage my altruistic side, and work hard to make a positive impact in the fight against cancer. I would love any help you can give, in donating and spreading the word of my campaign against cancer.