Demand for Real Estate in Vancouver is White Hot

With snow falling on the North Shore mountains, it’s a relative surprise that the Vancouver real estate market is this HOT. Busy markets have often been a spring and fall affair with a normal slow down occurring in the height of summer and early winter. But in the past few years we just haven’t seen that decline in sales volume or pricing during those times. This year is no exception. In fact, sales are on the rise over previous Novembers.

This year, November sales were record breaking at 46.2 % above the 10-year sales average and apartment sales increased by a whopping 47.6 % over the previous November….[read more]