Inventory (t/hse) 19% lower than ‘06 and (apt) up from ’06 by an amazing 61%. This defies the overall inventory pattern which had been lower in all categories but is caused by the many “new construction” units listed in November. Opportunity for apartment buyers? 
In West Vancouver, detached number of sales up 2%.  Average price up 11% and inventory up 4% over ’06. On the condo side – attached (t/hses) sold are down 19% from 2006; average price up 25% based on 58 sales YTD. Active listings now up 35% over last year. Apartments reflect 5% increase in sales from ’06; with average price up slightly (2%) from last year and active listings down 11% from ‘06.  North Shore demand is still healthy with inventory up in condos. 

The recent snow which blanketed our homes (fleetingly) is an early reminder of our impending Season of Goodwill and Fellowship. May it be heartwarming, spent with our families and friends (or with them affectionately in mind). That is the easier part - but don’t forget providing warmth and cheer to strangers.  Joy to the World is uplifting but let’s make Good King Wenceslas the more enduring message! 

Again, visit my website to see and “hear” the new developments. I continue my commitment to keep you….  www.OnTopOfTheMarket.ca . This work in progress strives to be the “go to” site for North Shore Real Estate analysis and jumping off point for FULL market listing information.

To join the group getting the e-mail version of this “update” - send a request now to This email address is being protected from spam bots, you need Javascript enabled to view it and you’ll be assured receipt; phone me at (604) 988-7368 or visit www.OnTopOfTheMarket.ca