I have compiled some data from the real estate board for detached house and apartment units of the major region in GVRD.
In general for 2014, listings to sold ratio are apparently getting higher which i believe transaction has been slowing down, and some places on the MLS I have been speculating were dropped by $5,000 to $10,000 and were still on the market for more than 100 days. AND some properties were even re-listed with another MLS number to reset the "list on market day" back to zero (Correct me if realtors are able to do this ?)
However, if you pay attention to Port Coquitlam detached house graph. The ratio is high throughout the year. Homeowner were forced to move to the east for more affordable detached properties.
Please take your time to visit below URL for more other resourceful data:
Listed vs Sold | Real Estate Board of Greater Vancouver
