Monday, September 13, 2010
Kitsilano Market Statistics
by Ben Chimes on Mon, Sep, 13, 2010 07:37 PM
Taking a look back at the Kitsilano real estate statistics from August, we can see a fairly predictable continuation of what we saw on July. The summer season is typically slower in Vancouver and this year was no different. Both the attached (condo and townhome) market and detached home market showed slower sales volume and a reduced number of new listings hitting the market. We did see a slight bounce back in prices, as a decreased inventory left active buyers with fewer choices.
Look for more activity in the traditionally busy Fall market with prices remaining relatively stable in the coming months. Inventory should be on the rise as well, offering more options for those looking to buy.