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Posted by Cameron McNeill on September 09, 2009 in Market Updates

Signs of a Recovering Real Estate Market

Much has been said about the strong summer real estate market in Vancouver. This past July we saw record numbers of real estate sales, primarily in the re-sale area of the market. August numbers are also expected to be strong. As the global financial storm lingers we have, however, seen few new condominium project come to market.

That is beginning to change. A few projects showed strength in sales over the summer, and now with market fundamentals realigning themselves we are starting to see developer confidence in bringing new projects to market. One such project that MAC is marketing and selling this fall is The District from Amacon.

The District will be located in Vancouver’s South Main neighbourhood – one of Vancouver’s trendiest and hippest communities. Read last week’s feature article at CBC News, or view last week’s television news coverage here, or register to learn more at www.southmaindistrict.com.

Happy Selling.

Cameron McNeill

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