Landcor Data Corp - Fall 2022 Housing Report
Posted on Nov 30, 2022 in Statistics
Landcor Data Corporation is a market leader in aggregating and presenting in-depth reports on economic and housing trends. For access to far more data, visit www.lancor.com.
October 2022 Market Statistics
Posted on Nov 08, 2022 in Statistics
We hope that everyone came out of the recent windstorm unscathed. Driving around, we saw lots of uprooted trees and some fences and signs that had been blown about. We lost power for over 24 hours, but there are others that are still without power from the storm!
This recent storm has made us really appreciate the linemen and women that were furious...
August 2022 - Market Statistics
Posted on Sep 05, 2022 in Statistics
We hope that everyone has had a great summer, so far. There are just a few short weeks left and hopefully, we'll get some nice weather through that stretch.
August was a pretty sleepy month for real estate, with about 40% fewer sales than August of last year. There has been a large amount of uncertainty regarding recent and upcoming interest rate in...
July 2022 - Market Statistics
Posted on Aug 03, 2022 in Statistics
Our real estate market rolled into a summer lull. The number of transactions has dropped across all sub-areas (although you may have noticed from our weekly statistics that the west side of Vancouver and Richmond have seen the highest share of deals). Many buyers are still watching the market rather than pulling the trigger as the media and news ar...
June 2022 - Market Statistics
Posted on Jul 07, 2022 in Statistics
The summer season has begun and we are seeing dramatic changes in the real estate market! Over the last month, housing inventories and interest rates have both increased. Looking at our graphic above, all the arrows are pointing in the direction that are conducive to buyers:
Listing inventory is up so buyers now have many more options to choose from...
May 2022 - Market Statistics
Posted on Jun 07, 2022 in Statistics
The market continued to move at a slower pace in May while housing inventory increased. Many buyers are choosing to wait on the sidelines in hopes that the market will ease off further. While this might be a reasonable approach, it is hard to predict market sentiment. This more "balanced" market does provide a welcome relief and an opportunity for...