metro vancouver market info: HOME SALES IN SOUTHERN CALIFORNIA ARE ALL DUE TO FORECLOSURES - 10/14/09 07:28 AM
What we have going on right now in Greater Vancouver Real Estate in my opinion is not sustainable. When I look at reports like the one below from David A. Rosenberg of Gluskin Sheff, it gets me scratching my head and wondering not if but when the consolidation will take place.
"According to MDA DataQuick, the number of homes sold in SoCal rose 0.2% MoM in September to 21,539 units and on a year-over-year basis, home sales are now up 5.1%. However, most of the sales were attributed to foreclosures, which accounted for 40% of the homes/condos sold in the area, and it … (1 comments)

metro vancouver market info: Market conditions drive strong June housing sales - 07/03/09 02:37 PM
VANCOUVER, B.C. – July 3, 2009 – The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June. The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased 75.6 per cent in June 2009 to 4,259, from the 2,425 sales recorded in June 2008. The figure is just short of the record-breaking 4,333 sales which occurred in June 2005. New listings for detached, attached and apartment properties declined 17.9 per cent to 5,372 in June 2009 … (0 comments)

metro vancouver market info: Metro Vancouver Homes - The Q Report February 2009.02 - 03/08/09 06:50 PM
Metro Vancouver Real Estate sales were down 44.6% from February 2008, but improved by 94.6% from last month, reaching the highest level in the past five months. Listings were down 25.6% from one year ago.
Detached Home prices in Metro Vancouver have fallen 14.2% from February 2008, to an average benchmark price of $653,452. Listings available for sale were down 24.1%. The number of detached homes sold in February was down 40.6% from one year ago, but up 102.1% from last month.
Townhouse prices in Metro Vancouver fell by 9.7% in the past twelve months, coming in at $426,268 in … (0 comments)

Alphonse J. Quenneville (Royal LePage Northshore)

Alphonse J. Quenneville

West Vancouver, BC

More about me…

Royal LePage Northshore

Address: 2407 Marine Drive, West Vancouver, BC, V7K 2R1

Office: (604) 926-6011

Mobile: (604) 328-2554

Metro Vancouver market updates including North Vancouver Homes, & West Vancouver Homes.



RSS 2.0 Feed for this blog