VANCOUVER WEST JUNE TOWNHOME MARKET
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.
The News Release attribute June’s increasing demand and the re-emergence of multiple offers on well priced homes, to a comfort level that Buyers a Sellers enjoy lately thanks to the many safety protocols now practised by Realtors. June to June the composite value of all Metro Vancouver properties is up 3.5 percent. This June, residential detached, attached and apartment sales increase 17.6 percent compared to June 2019. While the year to year total inventory of listed properties declines 23.7 percent, in the same time period new listings are up 21.8 percent.
The graph shows an upturn of 2.3 percent from May to June for the average attached unit price in Metro Vancouver. Last month compared to the previous June the benchmark townhouse price is also up 2.3 percent. Year to year the volume of townhome sales rises 21 percent.
Vancouver west townhouse prices dip by a modest 0.5 percent from June to June. Attached unit sales increase 17 percent year to year. This June versus June 2019 inventory is better by 14.8 percent.
West side attached sales from May to June are higher by 33.3 percent. Month to month Vancouver west attached inventory is up 71.4 percent.