North of the Fraser Residential Real Estate: April 2019

May 10, 2019

The April stats are in from the Real Estate Board of Greater Vancouver and they depict a similar story of the market as has been seen for several months: historically slow sales, a flattening or decline in HPI prices and an overall increase in active listings. Despite total sales posting a modest 5.9% increase over the March figures, they were still 43.1% below the 10- year April sales average. In total 1829 homes traded during the month of April, of which 586 were detached, 885 were condos and 358 were townhouses.

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Newmark Grubb Knight Frank

Newmark Grubb Knight Frank is one of the world’s leading commercial real estate advisory firms. Operating from more than 370 offices on six continents, Newmark Grubb Knight Frank serves the property needs of tenants, owners, investors and developers worldwide. Newmark Grubb Knight Frank provides a fully integrated platform of services to prominent multinational corporations and institutional investors across the globe, as well as to owners and users of real estate on a local, regional and national level. With services including leasing advisory, global corporate services, investment sales and capital markets services, property and facilities management, program and project management, consulting and valuation services, we offer comprehensive real estate solutions supporting the business objectives of our clients.

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Spotlight

Newmark Grubb Knight Frank

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