fbpx

Nick Chen

logo-2018-black
Nick Chen
Personal Real Estate Corporation

RE/MAX Crest Realty
3215 Macdonald Street
Vancouver, British Columbia
V6L 2N2

© Nick Chen PREC. All Rights Reserved.

October 2020 Home Sales in Vancouver—Higher Sales Activities Across the Region

Metro Vancouver continues to see increased sales activity carried over from the past few months, some markets have seen steady increase since April.

However, the movements of average sale prices vary depending on type of home, price range, and neighbourhood. Some, like their sales volume, continued to rise inching toward past highs years ago, while others remained stagnant or showed signs of decreasing.

Buyers and sellers are more easily coming into agreement on pricing as shown in the higher sales volume. But economic uncertainty and the COVID-19 virus remains in the minds of those active in the real estate market.

September 2020 Vancouver Detached Home Statistics
September 2020 Vancouver Attached Home Statistics
News of note: 
  • Canadian mortgage rates are lowest in history. Can they go any lower? (source)
  • Out-of-office is the new office. Can the work-from-home boom last? (source)
  • Vancouver’s Downtown Eastside Condo Owners Worry About Rise In Crime (source)

Looking to buy your next home?

Let me help you with your real estate and home ownership goals today.

Nick Chen
Personal Real Estate Corporation

RE/MAX Crest Realty
3215 Macdonald Street
Vancouver, British Columbia
V6L 2N2

© Nick Chen PREC. All Rights Reserved.

Have home ownership in Vancouver on your mind?

Subscribe to my monthly newsletter to see content delivered right to your inbox

* indicates required