Is it a Buyers' Market? Is it a Balanced Market?
Sales-to-Active Listings
This indicator shows the relative balance between the demand for homes and supply of homes in the market. A high ratio denotes a market that is more in favour of sellers creating upward pressure on prices. A low ratio reflects a market in favour of buyers, putting downward pressure on prices. A balanced market is generally associated with a ratio between 0.15 and 0.20, where pressure on home prices is considered neutral.
Click here to see what's happening with average prices in East Vancouver per square foot.
Click here to see whether it's a buyers or sellers market with new construction and with reale housing in East Vancouver. Remember, a ratio below 0.15 is considered a buyers' market and above 0.20 is considered a sellers' market.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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