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Falling supply and strong demand continue to push house prices to record price levels across the city.

 

On Vancouver's Westside we are definitely in a Seller’s Market as homes are selling at a record pace. Price levels and demand vary from neighborhood to neighborhood. The areas with the strongest demand and price increases appear to be in those areas connected to specific school catchments. Many of the homes being sold are receiving multiple offers and sale prices considerably over the asking price.

 

Virtually every home we have sold in 2015 has attracted multiple offers. For homeowners, these conditions are ideal when selling.  For the buyers however, it's a tough go. Many are going from home to home trying to figure out how they can win the bidding process.  We are now seeing seminars for buyers to teach the tools required.


We have been selling homes for 22 years on Vancouver's Westside. Whether you are looking to buy or sell we are always available to provide you with great information and advice. Call us today, 604-657-7936, we are here to help!