Here, we will cover just some of the emergent trends for the Vancouver real estate market during 2012. The year was a key one for buyers as for the first time in several years, the tides shifted in their favor. But swirling through real data were also reports in the media about shifts in the market that weren’t truly validated by the real situation, which distorted buyer and sentiments alike and may have actually altered the mood in favor of one over the other.
As a general trend, Vancouver real estate sales showed a definite lean towards the buyers’ market. For example, Vancouver West showed a near-consistent drop in sales by about mid-year –14% to 18%, depending on which 12-month period you’re looking at. While this was not by any…
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