Home Sales Are Recovering in Vancouver

Recently, Vancouver area and greater Vancouver real estate were struggling with slow pace of the economy and homeowners' decisions in buying their dream property. However, the buying and selling of properties is improving again with home sales increased more than 46% in September when compared with the same period in the last year, according to the Real Estate Board of Greater Vancouver. 

September 2019 Home Sales in Vancouver

The numbers keep going up with 2,333 homes sold in the last month, a better result when compared to the 1,595 sales in the same period of the previous year. When examined in the long run, this result demonstrates just 1.7 percent below the 10-year average for September. 

This recovery in the overall results of Vancouver Real Estate demonstrates how the desire to buy your own house is still the goal of many potential home buyers. Even though the real estate market in Vancouver bounced in the last year, it is still notable that there are many people seeking great opportunities to purchase a luxury property. 

People who are looking for their dream home can take into consideration some factors such as neighborhood atmosphere, infrastructure, and access to the area. All these factors are paramount to buying a luxury property in a primed region of Vancouver. 

The higher-end real estate market is ready to offer the best options for the future homeowners, offering stunning properties in Vancouver Downtown, West Vancouver, North Vancouver, and Vancouver Westside. For those people looking for investing their resources into luxury housing in Vancouver, the right moment is now! This is all while the real estate prices are competitive and will soon be on the rise again to accommodate the growth of the city which increases the demand for buying a house.  

Now is the Time to Buy A Home in West Vancouver or North Vancouver!

With the signs of recovering and increasing demand for luxury Vancouver housing on the rise, potential property buyers need someone they can trust to help them find the dream home. If you are interested in buying or selling luxury real estate in North Vancouver or West Vancouver, you can count on Amir Miri, Vancouver’s leading realtor in the luxury market, with many years of experience. For more information, contact Amir at 604-657-5030 or amir@amirmiri.com