The month of April turned out to be another disappointing month for home sales activity across Vancouver. Detached home sales in the city of Vancouver fell 25% year-over-year in April. This was the fewest home sales on record for the month with data going back to 1992. This was identical to what happened in March and virtually erasing any hopes of a Spring market pickup. With sales this weak prices will need to adjust lower it is really just a matter of sellers slowly adjusting to current market conditions. Selling a home is an emotional process and every seller wants to at least give their initial asking price a shot.

Steve Saretsky: Your Trusted Vancouver Real Estate Agent for Expert Market Guidance
Key Political Developments Prime Minister Trudeau’s ResignationTrudeau, described as economically illiterate, is resigning. Trump’s Inauguration A knowledgeable Vancouver real estate