Port Moody Real Estate News

Monday, April 25, 2011

Spring Market in Port Moody

 
Greg talks about the Spring Market. In the Newport, Klahanie, Suterbrook developments there were a combined 14 sales (Jan), 18 sales (Feb), 20 sales (Mar) and 4 (Apr). There are currently 126 active listings which is approximately an 8 month supply of inventory. Supply and demand in the condo market is forcing prices down currently. Blogged just 12 minutes from Port Moody center, this is an ideal place for those looking to get away for an afternoon or day.
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