Diane Birk
Royal LePage Westside
5970 East Boulevard , Vancouver, BC
P: 604-261-9311
F: 604-261-6648 Email
Monday, October 27, 2008
- Listing Counts
Since September 1st, 2008, a total of 1,435 properties have been withdrawn from the Westside market. That is a very significant amount. 281 Listings were cancelled, 547 listings expired, and 607 listings were just terminated. This represents property owners who have decided not to sell for the time being, and this significant number contributes to perhaps a tightening of inventory as we near year end. A tighter inventory is one contributing factor to a market that might level off shortly. Many property owners have decided to take advantage of a crunch in the rental market by renting out their properties, and others have just chosen to stay put.
posted in General
at Mon, 27 Oct 2008 15:26:34 -0700