I continue to see stories and statistics on the current Vancouver Real estate market that are wrong (made up) and cherry picked. They make it seem like the market is in correction or crash mode or simply presented with a heavy bias towards painting an overall dark and negative outlook. People need to be careful on where they're getting their information from. When it comes to market statistics there is only one source and that’s the Greater Vancouver Real Estate Board that puts out a monthly stats package. One of the best statistics to look at is the Active sale to Listings ratio. It lets you know straight up if we are in a buyers , sellers or balanced market. As this ratio goes up inventory goes down and prices will rise. When you start to compare these ratios on a month over month basis you can get a clear picture of where prices are trending.