Coal Harbour’s Condos is proud to present an up-to-date and detailed market report for the downtown neighbourhoods from July 25th – August 1st.
Downtown Vancouver Market Update August 15th – August 22nd
Downtown attached listing supply remained relatively subdued this week as we move through the traditionally slower late-August periods prior to things heating up during the early-Fall season. We saw 91 new attached listings downtown this week (compared to 95 new attached listings in the previous recorded period), which accounted for roughly 57% of the 160 total new attached listings across Vancouver West. Yaletown had the busiest week on the listing side, with 30 new attached listings (up from 21 new attached listings previously); well the dense downtown core neighbourhoods (including Gastown, and downtown proper) also posted relatively high listing figures with 25 new attached listings. Coal Harbour had a surprisingly busy week as well with 22 new attached listings (up quite a bit from the 7 new attached listings we had seen previously). Recent completions like West Pender Place have provided a listing supply boon for Coal Harbour as owners place properties they have acquired in the past month or so on the market for the first time.
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