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July 2012 Vancouver Market Update

Blog by Kelsie Struch | August 27th, 2012

Summer Hits & Sales Slow in Vancouver

Main Developments I Experienced Over July:

The sun came out and the buyers disappeared. 
Open Houses saw less traffic than typical and serious buyers were few and far between. 
The Westside and West Van markets both got hit hard in the price department.  
Aligning sellers and buyers expectations when it comes to price has become increasingly difficult.  Sellers are digging their heels in and saying no to low ball offers.  Worst case scenario, sellers are renting out their places for top $$$$ and waiting.

For more thoughts and experiences from a Realtor who works in Vancouver's market on a DAILY basis, contact Kelsie at 778-387-6090 or via email at info@kelsiestruch.com

Thanks for stopping by!

Complete stats package here:  July 2012 Market Update