North Vancouver Real Estate Market Update

April 26, 2010 | Market Update | By Aaron Rossetti

The new mortgage rules have been in affect for a full week now. It appears they have taken some of the wind out of the North Shore's market's sail. There appears to be less demand and as such less upward pressure on pricing. Interest rates remain at record lows so expect the market to still remain active for several month yet.

In the past week, the North Vancouver real estate market has had 160 new and back on the market listings, 72 price reductions, and 82 sales reported on MLS®. If you are thinking of making a move talk to our team today at 604.983.2518 or contact us here.