VREP #433 | Are House Prices Dropping in Vancouver Fall 2024? With Andrew Lis
Vancouver Real Estate Podcast
Understanding Days on Market in Real Estate
This chapter examines the complexities surrounding the Days on Market (DOM) metric in real estate, emphasizing its limitations as a standalone indicator of market conditions. It analyzes the Vancouver housing market, discussing trends in inventory, sales volume, and pricing dynamics while encouraging a cautious and comprehensive approach to interpreting these metrics.
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