Spring 1999 Market Update

CRYING OUT FOR CONDOS!

As you can see from the market update report … what we need now in Central Vancouver are listings. Steady sales volume, limited listing inventory (off 33% from the same time last year) and fluctuation interest rates, are placing pressure on prices and created a real sense of urgency amongst buyers. Hotspots right now are still the perennial favourites – The West End and Kits are most active (especially West of Denman and North of 4th), proving once again that a good location is your best protection in any market.