This month: house sales up 14%. Condo sales down 10.7%.
The gap is widening. And it’s not just Metro Vancouver.
The Fraser Valley just posted its first year-over-year sales increase in more than a year, with detached sales up 25%.
Same divergence, even more pronounced.
Here’s what’s happening: when prices fall together across all segments, the dollar gap between a condo and a house compresses. Move-up buyers have figured out that this is when upsizing becomes more affordable, not less.
One month was interesting. Two months across two boards is a regional shift.
? If you own a condo and you’ve been wondering whether the move-up math works for your situation, send me a message.
? Full breakdown in the video ⬆️
#VancouverRealEstate #MetroVancouver #YVRrealestate #BCrealestate #FraserValley #MoveUpBuyer #VancouverHousing #SurreyRealEstate #BurnabyRealEstate #NorthVanRealEstate #LangleyRealEstate
? Victor Song PREC* ? Royal LePage Sterling Realty ? 604-779-8408 ✉️ info@victorsong.com ? www.victorsong.com
