VANCOUVER REAL ESTATE MARKET CONTINUES TO BE IMPACTED BY COVID-19
The Vancouver Real Estate Market is seeing a significant decrease in sales thanks to covid-19. In April, detached house sales on the westside fell by 41%. Eastside home sales were down by 23%.
There are also many less properties listed for sale than usual, with property listings down over 40% in April. Many sellers have even removed their previously listed properties from the market due to concerns over covid-19.
WHAT HAPPENS NEXT FOR VANCOUVER REAL ESTATE BUYERS AND SELLERS?
With the upcoming easing of restrictions, May will be a busier month - buyers and sellers are already beginning to come back to the real estate market. We are getting busy, and have sold several properties recently - please see the video to learn more about our recent property sales in the Kitsilano, Shaugnessy, and Killarney neighborhoods.
REAL ESTATE QUESTIONS
If you have questions, Jill and I continue to market all our properties with safety in mind, offering virtual open houses and tours. Feel free to give us a call at 604-657-7936.
Hope everyone is staying safe, and a big shoutout to the frontline workers!