RE/MAX Oceanview Realty        5686 Cowrie St.

 Kiosk, Trail Bay Mall

Weekly REPORT  Aug 6– Aug 12   

The latest real estate statistics for Vancouver are encouraging. Sales for July are much improved over last year. Actually, it's been the best July since 2009. The question is, will this mean more business for the Sunshine Coast? Over the years a busy Vancouver market has usually meant increased activity the Sunshine Coast. However, in recent years the retirement, recreation and investment market – mainly from the Lower Mainland - has been slower. Is this a short term aberration or are we becoming more of a locally driven market? Time will tell.

ACCESS TO LISTINGS CLICK ON     http://www.remaxoceanview.com

 SALES THIS WEEK: 15   [SUNSHINE  COAST, ALL OFFICES]

PRICE RANGE

AREA

 NEW LISTINGS THIS WEEK: 32                  PRICE REDUCTIONS

CURRENT LISTINGS:  1337

DET’D  SALES to LIST  RATIO*:    =  6.1%  [ADADDD

                   0%           6.1%                  15%                  22%

*The Sales/Listings Ratio is a guide to market conditions. A value below 15 favours buyers. 15 – 22 reflects a balanced market, and over 22 gives the advantage to sellers.