The year end statistics for 2021 were just released by the Greater Vancouver Real Estate Board. 2021 was another record year with 44,000 homes sold. It was also a record year for inventory being the lowest in over 3 decades. I think this strong sellers market and record low inventory will continue well into 2022 and possibly beyond. This was someting I have been predicting in my blog since late 2018 early 2019 and referred to it as a coiled spring effect. Much of it brought on by Government policies on taxing the demand side instead of addressing the supply side.

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OWEN BIGLAND
MACDONALD REALTY WESTMAR
c: 604.889.1118
e: owen@owenbigland.com
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2018 – 2021 Medallion Club Member. Top 5% of Greater Vancouver Realtors
2018 – 2021 Macdonald Realty Westmar – Top Producer in Annual Sales
2017 – 2021 Macdonald Realty Westmar – Outstanding Performance & Achievement in Real Estate Sales

VANCOUVER BC HOMES & CONDOS
GREATER VANCOUVER BC REAL ESTATE FOR SALE

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