Vancouver Market: Sales Slowing While Inventory Builds

Signs of a classic market top in the weekly numbers.

Vancouver House Sales and Listings Chart (X-scale: week beginning)

The peak at the week beginning March 27 was the transactions pulled ahead by the change in mortgage rules. The week beginning April 17 also shows a discontinuity; that was the week the CMHC dropped insurance for HELOCs.

*Numbers from Agent Will's Weekly Stats