Market Statistics - April 2019
Posted on May 06, 2019 in Statistics
We're now into May of 2019 and, although sales are up since last month by about 6% in Greater Vancouver and just over 13% in the Fraser Valley, both areas are reporting sales well below their 10 year sales average.
In regards to sales, the REBGV reported 1829 sales (1727 last month) whereas the Fraser Valley Board reported 1383 sales (1221 last mont...
Market Statistics - March 2019
Posted on Apr 08, 2019 in Statistics
We're into the fourth month of 2019 already and sales are continuing to sag compared to the 10 year average. The past month's sales for the Metro Vancouver region haven't been this low since 1986. Is it significant that that year was Expo '86 in Vancouver?
In regards to sales, the REBGV reported 1727 sales (1484 last month) whereas the Fraser Valle...
Market Statistics - February 2019
Posted on Mar 08, 2019 in Statistics
We're into the third month of 2019 already and the number of transactions continue to be rather subdued compared to the 10 year average.
The number of sales for the REBGV are 42.5% below the 10-year February sales average which indicates that buyers are maintaining the wait-and-see attitude of the last few months.
The REBGV reported 1484 sales (1103...
Market Statistics - January 2019
Posted on Feb 07, 2019 in Statistics
We hope that you enjoyed the first month of 2019 and those that have made New Year's resolutions are managing to maintain those improved habits.
In regards to the last month in real estate, try to imagine the sound of crickets. It was that slow. In regards to sales, the REBGV reported 1103 sales whereas the Fraser Valley Board reported 784. These nu...
Largest Price Movement Listings - Oct 27th to Nov 1st, 2018
Posted on Nov 01, 2018 in Statistics
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Market Statistics - September 2018
Posted on Oct 07, 2018 in Statistics
September of 2018 continued the trend of the last few months: July sales hit a 30 year low, August a 6 year low, and September a 10 year low. The last time that we had similar sales numbers in September was in the infamous year of 2008. Keep in mind that there are now more homes overall in the Lower Mainland than in 2008 with the high pace of build...