New listings, housing starts flirt with record lows in August
Highlights of the August Report
Total new listings in August the lowest in more than 28 years
Ladner townhouses and condos fall to 1-month supply
At least six major condo projects have stopped or stalled this year
Existing condos, townhouses can’t be replaced at their current value
Surrey strata housing starts fall 69% this year compared to 2021
Port Coquitlam is down to 2 months supply overall and 1 month supply for townhouses
A fantastic time to look into your purchase of your next home! With less competition and softer prices leave it to me to find that perfect dream home or investment opportunity!
If you are looking to buy or sell a home or investment property, please call me.
I’m happy to help!