E#88 - September 2019 - A.K.A The Balanced Market Begins - Vancouver Real Estate Podcast

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In this weeks episode, Jay & Ben discuss the September 2019 Real Estate Board of Greater Vancouver statistics that are now in! September turned out to be what they figured, a continuation on the July & August numbers.... A continued increase in activity now making it three months in a row. The biggest difference with September to July & August is that inventory numbers began to increase as well, yes still there was a large increase in transactions!

Year over year there is almost a 31% increase. However bringing things closer to home we believe the three consecutive months of sales velocity growth is the key factor to look at today. Where will things go to next? Not sure at this point but we do believe that we have seen a bottom and if you are a buyer you are now catching it on the new upswing. If you are a seller, time may now be in your side again to maximize on your home sale!

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Jay McInnes

604-771-4606

jay@mcinnesmarketing.com

Ben Robinson

604--353-8523

ben@mcinnesmarketing.com

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129 episodes