mls statistics: Weekly Vancouver Real Estate Update - August 10th 2009 - Sales Surge
- 08/25/09 10:48 AM
After months of moving from strength to strength, the Vancouver real estate market finally took a bit of a breather last week. The previous week had been the strongest we’d seen in years and it showed no sign of slowing, but slow it did. New Listings - Vancouver New Listings swelled during this week to reach 386 from just 296 the week before. With inventory levels incredibly low in Vancouver at the moment, this is more than welcome. Eager buyers are anxious to see new listings come onto the market and this 30% increase over last week is a good start. … (0 comments)
mls statistics: July 2009 Real Estate Board of Greater Vancouver MLS Statistics - Another Month, Another Record
- 08/12/09 06:49 PM
Another Record Month In January 2009 we had the worst month Vancouver had ever seen. Just seven short months later and July 2009 was the best July on record. The turnaround we've seen in the last few months is nothing short of miraculous. Sales are no longer improving on a month-to-month basis, but this is to be expected as we enter the slower summer months. Year-over-year sales are way up (+90.39%) while listings are down (-17.63%) significantly. The laws of supply and demand are now putting pressure on prices. In March, Westside houses were off over 22% from prices the year … (0 comments)
After months of moving from strength to strength, the Vancouver real estate market finally took a bit of a breather last week. The previous week had been the strongest we’d seen in years and it showed no sign of slowing, but slow it did. New Listings - Vancouver New Listings swelled during this week to reach 386 from just 296 the week before. With inventory levels incredibly low in Vancouver at the moment, this is more than welcome. Eager buyers are anxious to see new listings come onto the market and this 30% increase over last week is a good start. … (0 comments)
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