Downtown condo sales rise again as inventory dips further in August

In August the downtown Vancouver condo and townhouse market saw inventory decrease for the second consecutive month, sales rise for the second consecutive month, and price's rise again after July's decrease.

The most active part of the downtown market was for homes between $500K to $600K, and the weakest for homes between $3M to $3.5M.

Historically the fall market sees inventory rise as well as demand from home buyers.  September will be good indicator of wether our housing market is restoring to more normal patterns. 

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