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North Vancouver Real Estate Market Update for March 2020 – An economic shock, the housing market and COVID 19.
Every housing market is influenced by a host of local factors, yet no market can avoid the iron law of supply and demand.Household savings rates are near 60 year lows, and some households are not well positioned for this economic shock. This could indeed increase supply in the next 3 months.
North Vancouver Real Estate Market Stats + Trends
|Median Sale Price [SF] ($)||1,598,000||1,690,000||-5.4|
|Days on Market||24||25||-4.0|