Our Vancouver market is one of the most talked about in North America.
There's a rumor once again of its adjusting downward. In spite of statistics
that may indicate it as such, consider these facts: The Westside detached
market is still going strong, and a well-priced listing at or very near market
value will still attract full price or multiple offers.
But the hottest in the lower mainland right now seems to be detached homes in the Main Street and Fraser Street corridors from Mount Pleasant to as far south as East 33rd and perhaps even further south. Sharply-priced building lots or detached family homes there are getting multiple offers up to four or more at any one time, driving sale prices over listing prices---which as we all know creates a new market benchmark.
The Vancouver real estate market retains its reputation as one of the strongest in Canada and the United States.
But the hottest in the lower mainland right now seems to be detached homes in the Main Street and Fraser Street corridors from Mount Pleasant to as far south as East 33rd and perhaps even further south. Sharply-priced building lots or detached family homes there are getting multiple offers up to four or more at any one time, driving sale prices over listing prices---which as we all know creates a new market benchmark.
The Vancouver real estate market retains its reputation as one of the strongest in Canada and the United States.
By Christina Hepburn
Vancouver Westside Specialist