Market Statistics - August 2018
Posted on Sep 11, 2018 in Statistics
We hope that everyone enjoyed the short Indian Summer that we've been having and have had a chance to pursue their favourite last-minute summer activities.
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 Se...
Market Statistics - July 2018
Posted on Aug 08, 2018 in Statistics
July of 2018 has continued the trend of the last few months. Last month there were only 2037 sales of all types in the REBGV, which is 30.9% lower than July of last year, and 1290...
Market Statistics - June 2018
Posted on Jul 06, 2018 in Statistics
Detached homes have entered "buyer market" territory as the sales-to-active ra...
Market Statistics - May 2018
Posted on Jun 05, 2018 in Statistics
The sales for May of 2018 has continued the dip seen in the last few months. Historically, May sales are strong as it is in the end of the Spring season but this May has, like last month, experienced sales at a multi-year low.
The prices of attached homes are still rising in most areas but time spent on the market is beginning to grow on average, wh...
Market Statistics - April 2018
Posted on May 07, 2018 in Statistics
The sales for April of 2018 has continued the dip seen in the last few months. Historically, April sales are strong as it is in the middle of the Spring season but this April saw sales at a 17 year low.
Townhouses and condos continue to rise in price and sell in a short period of time. That period of time is growing, although in most cases they are...
Market Statistics - March 2018
Posted on Apr 05, 2018 in Statistics
The sales for March 2018 continued the sag in the market seen in February. Houses in particular have seen a dramatic drop in sales and the accompanying rise in unsold inventory. Higher priced areas are experiencing the biggest drop in sales whereas more affordable single family homes (under $1M) in both the Metro Vancouver and Fraser Valley areas a...