Uncertainty continues to be the headliner, particularly in Coal Harbour. Most list prices are euforically-high and buyers are acting timidly. Total listings in the area were up 6% from 259 to 274 in May while there were 19 total sales during the same period - the same number as we saw in April.
The major holdback I see and hear on a daily basis is buyers not wanting to over-pay given their certainty that prices will correct later this year and into next. Please feel free to click on the link below to browse the numbers yourself.
CH Monthly sales stats.xls
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