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March 2011 Condo Market Update with Jay McInnes

The Downtown Vancouver Condo Market was pretty typical for Spring 2011. Sustaining Sales & increasing listings....

March 2011 Market Update.jpg

March 2011 brought a jump in listing numbers to the Downtown Vancouver Condo 
market. The Buyers have sustained with this incline of Listings as there are still a 
number of well priced properties on the market.
The increase in Listings is a typical trend for this time of year as we are quickly 
approaching the summer months. Listings will sustain through these months as 
usual and I don’t forecast much more than a possible 2.5% increase for the 
difference of 2011.
Currently all avenues of the market are selling, from entry level products to the 
high end market. This is expected to continue for the next couple of months.
"The Downtown Vancouver Condo market of March 2011 had a typical jump in listing numbers. The Buyers have sustained with this incline of Listings as there are still a number of well priced properties on the market.

The increase in Listings is a typical trend for this time of year as we are quickly approaching the summer months. Listings will sustain through these months as usual and I don’t forecast much more than a possible 2.5% increase for the difference of 2011.

Currently all avenues of the market are selling, from entry level products to the high end market. This is expected to continue for the next couple of months." 

For any further information on the Condo market of Downtown Vancouver please contact me direct at jay@jaymcinnes.com / 604 771 4606. 

 

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