The week of November 15 -22 continued to show good action on our part of the coast.
A total of 19 sales which is very good for this time of year. Our challenge now is having enough inventory on hand to keep up with the demand. Currently we have 191 detached listings on the entire coast. This is very low. A low listing count and increased demand leads to increase in prices. We have seen this to be true this past 8 months and it doesnt appear to be changing anytime soon. People are still wanting to relocate from the city and interest rates are still very attractive.
Check back on a regular basis to see weekly updates on the market, and if you have any questions, please feel free to contact me at 604-741-7952 or firstname.lastname@example.org