In December 2019, sales of single family homes were up by 40% compared to one year ago.
Annually, sales were down 9% with 4,119 properties sold in 2019 compared to 4,539 in 2018.
The VIREB housing market is currently balanced and leaning towards a buyers market. There is a lack of inventory, preventing many buyers from moving forward with a purchase. Now is a great time to list as Sellers can take advantage of the lack of competition.