Greater Vancouver Home Sales through April off to Slowest Start Since 1986

The Saretsky Report for April we be published in the next day or two. If you want to be the first to receive it make sure you sign up here:

April home sales tricked in at their lowest count since the year 2000. The slump in sales was across all segments, including condos which were at an 18 year low. Prices inched lower, with the benchmark showing Vancouver condos down 7.5% and detached homes down 12% from last year. Inventory is building, although remains at relatively balanced levels in the condo segment for now.

With April being another slow month we ran the numbers on the first 4 months of this year. As of January through April this is now the slowest start for sales since 1986.

Steve Saretsky,Vancouver Real Estate,Housing bubble,macro economics,canadian real estate,Vancouver real estate bubble,credit bubble,