iNVENTORY OF HOMES FOR SALE IS LOW
Inventory of homes for sale on the Fraser Valley Real Estate Board MLS has been decreasing steadily for the past five months. Generally when inventory of properties for sale is above 12,000 it is considered to be in a 'BUYERS MARKET STATE" When the inventory is below 7,000 the market is said to be in a " SELLERS MARKET STATE" aT 6,000 or less it is in a Hot! Hot! market as it was two years ago. This last july it sat around the 11,000 mark and now is approx. 8,000 and decreasing. Is this a good time to sell your property???? the answer is a resounding YES!!!!! For a handle on the Vancouver Real EState Board number you can usually multiply the numbers by three and get pretty close. Need more specific info conatact me any time wia Email or by tel. at 604-590-4888