Resales volume for single family houses in East Vancouver have slowed somewhat over the past few months, in keeping with the trend for Vancouver towards a buyer’s market. August 2012 appears as though it will the slowest August for resales in several years. It is likely that there will be a flat or modest decline in pricing if sales volumes remained depressed over a period of months; however, pricing up to August 2012 did not appear to be showing a downward trend.

As of September 1, 2012, there were 662 active listings for single family homes in East Vancouver. The average asking price of these listings is $1,058,000. 286 listings (43%) are over $1 Million.

(August 2012 are a preliminary estimate and do not represent final stats for August)

Source: REBGV stats