August 2018

Burnaby SFU area shifting towards more balanced conditions - July 2018 

Posted on Aug 03, 2018

The Burnaby mountain SFU condo and townhouse real estate market remained one of Burnaby’s strongest housing markets in July in a time of overall cooling. 

How do we know? List to Sales Ratio 

  • A buyer’s market has a 0-12% list to sales ratio
  • A balanced market has a 12-20% list to sales ratio
  • A seller’s market has a 21% or greater list to sales ratio

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