Vancouver Area  May 17 2013  (2 week update)

Current:  Vancouver area Real Estate Market ranges from a Stable Market to a Sellers Market with near record listing inventories and a Solid 15 %SOLD rate.   See each city for the full details
Forecast: Listing Inventories in the Vancouver area are up ~6% as compared to same period in 2012. We have an increase in buyers across the lower mainland. This has firmly moved many sub areas into a stable market.

Fraser Valley & Chilliwack May 17 2013 (2 week update)

Current:  Fraser Valley and the Chilliwack areas are in a Mixed Market  averaging a Low 13 %SOLD rate and with more normal listing inventories. 2 Cities are in a "rising" Sellers Market. North and South Langley.  See each city for the full details
Forecast: Listing Inventories in the Fraser Valley area are 6% less than the same period in 2012.

May 17 2013 Real Estate Market Update

Vancouver Region:
The 517 Residential Single Family Detached Sales in the Vancouver Region for the last two weeks is up 3% from the same time period last year. Total Listing Inventory is up 6%.
We have an increase in buyers across the lower mainland especially the Vancouver area. This has firmly moved many sub areas into a stable market.

In the Fraser Valley and Chilliwack Market:

The Single Family Detached Sales for the last two week period is 20% less than the same time period last year. The current inventory of 6050 Single Family Residential Listings is 6% less than last year.