February 9, 2022 | The Saretsky Report – January 2022
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Steve Saretsky is a Vancouver residential Realtor and author behind one of Vancouver’s most popular real estate blogs, Vancity Condo Guide. Steve is widely considered a thought leader in the industry with regular appearances on BNN, CBC, CKNW, CTV and as a contributor to BC Business Magazine. Steve provides advisory services to banks, hedge funds, developers, and various types of investors.
For regular readers of this report you will remember that 2021 marked a record year for Greater Vancouver home sales, smashing through previous highs set in 2015. That momentum has carried over into 2022. Sales remain incredibly strong, still running more than 30% above the long run average. Meanwhile, inventory in the month of January dropped 37% from last year, and currently sits at its lowest levels in over 20 years.
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Steve Saretsky February 9th, 2022
Posted In: The Saretsky Report
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