Downtown condo & townhome inventory declines for 9th month straight

The number of condos and townhomes for sale in Downtown Vancouver continued to decrease in April for what is now the 9th consecutive month.  Inventory had begun to accumulate after the introduction of the new provincial and federal housing and mortgage regulations in 2018 and looks to have reached peak levels last summer.  This trend of decreasing inventory has helped keep condo and townhome pricing relatively stable throughout the COVID 19 pandemic as home buyer demand has also decreased during the lockdown.  

* Downtown Inventory by Neighbourhood since 2005