Inventory in Metro Vancouver is hovering around the 10,000 mark - the same amount it was in August of 2005. The difference is, there are over 500,000 more people living here since then. Understandably that makes for a very tight market. Inventory has been dropping for 6 straight years and there are less than HALF the homes available than there was in 2015. We dive into what is causing this lack of availability and if the record breaking building permits out there will help ease this pressure anytime soon.
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Dan Wurtele, PREC, REIA
604.809.0834
Ryan Dash PREC
778.898.0089
ryan@thevancouverlife.com
