The discussion now is that we are now seeing sales tallies 20% below the 10-year average, NOT 30%.
Sales volumes plateaued and had even shown increases. However, it's the inventory and the increased competition amongst Sellers that is the counter to a market recovery.
Our market slowdown is currently not due to a demand problem, its over supply that is negatively affecting pricing.
Port Coquitlam townhouses are experiencing just enough acquisitions to keep the Active listings limited and FULL of hope in a very thirsty marketplace for Sellers.
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