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Ian Watt Personal Real Estate Corporation - Sotheby's International Realty Canada

Blog by Ian Watt

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Ian Watt's Vancouver Condo Real Estate Week in Review for June 6 to 12 2010

Vancouver Condo Real Estate Video Blog #565 - June 14, 2010

Ian Watt's Vancouver Condo Real Estate Week in Review for June 6 to 12, 2010

Ian Watt video blogs about about the week of June 6 to 12, 2010 in Downtown Vancouver Condo real estate including the areas of Coal Harbour, Downtown, Yaletown (False Creek North), Gastown and the West End. If you want to voice your opinion or if you don't care for Ian's comments please email your feedback to ianwatt@ianwatt.ca and visit http://www.ianwatt.ca/RealEstateVideos for all the Ian Watt Real Estate Video Blogs.

Ian Watt : Hi Good Afternoon. It's Ian Watt in Downtown Vancouver. Doing the Week in Review for June 6 to June 12 and a lot of activity is been going on. It's been pretty interesting as I mentioned last week the market is changing as I mentioned the week before the market is changing. This week we had a hundred and sixty one new listings. We had a hundred and two price reductions and we had fifty three sales. It's about ten sales everyday, its about three times more listings than we had sales. Inventory is going up, prices are going down. That's just the way it is as far as all the units on the market right now on the MLS in the Downtown core. Which I always say includes Downtown, Yaletown which is False Creek North, Gastown, Coal Harbour and the West End. That's 1,760 to the 1,303 sales. Pretty interesting times in Downtow Vancouver. My name is Ian Watt. And if you have any questions. You can always email me at ianwatt@ianwatt.ca. Thank you very much and have a great day!