August 2018 Statistics for Downtown Vancouver Condos
Condos in Downtown Vancouver are down 16.42% from the peak in January but what’s more of indicator of the market is the activity which is down 39.68% from a year ago. Although inventory is slightly down from last month, we will most likely see spike in inventory for the September October months. There were only 10 sales of condos over $2 million and no sales of condos over $4.5 million as opposed to August 2017 where there were 21 sales over $2 million and 3 sales over $4.5 million. I hope you find this useful. Should you have any questions please don’t hesitate to ask.