Despite the uncertainties of a federal election the housing market continued to hum along in September. Home sales dipped 13% when compared to last September, but that should not come as a surprise considering last September marked an all-time record high for the month. Year-overyear base effects will be hard to top in the months ahead, but make no mistake the housing market remains incredibly strong. Let’s take a look at the bigger picture for a moment. From January through September of this year, there have been just over 34,000 home sales in Greater Vancouver, a record high for this time period.
Steve is a regular speaker at industry events, hosts an online video series ‘The Saretsky Show’, and authors the popular “Saretsky Report” which is read by over 7000 subscribers.
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The views expressed are those of the author, Steve Saretsky, an Oakwyn Realty REALTOR®, and do not necessarily reflect those of Oakwyn Realty. It is provided as a general source of information only and should not be considered personal investment advice or a solicitation.