Back to Market Update

Thinking of Selling in Olympic Village?

February 22, 2021

Thinking of Selling in Olympic Village?

Inventory in Olympic Village is low!

Vancouver’s housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.

With home sale activity well above our January average, the supply of homes for sale isn’t able to keep pace. This is causing increased competition amongst home buyers and upward pressure on prices pushing the market to favour seller's.

Shifting housing needs during the pandemic and historically low interest rates have been key drivers of demand in our market over the last six months. People who managed to enter the market a few years ago, and have seen their home values increase, are now looking to move up in the Vancouver real estate market to accommodate their changing needs.

If you're thinking about selling, reach out! I'd be happy to discuss the current market value of your home with you.

Courtenay Gayda

Real Estate Advisor - Engel & Völkers Vancouver

Call or text: 604-250-7063

Need help finding the right home?