Found 3 blog entries tagged as Vancouver Housing Market.

At a time when the market usually slows down... sales are still going strong.  Here are 5 things to know about the real estate market in Greater Vancouver from November 2015

  1. Supply:  We had 2,277 properties listed thru the month of November which is down -61.4% from this time last year (November 2014) and down -20.4% from last month (October 2015). 
    What this means is .... we have 1.5 months of inventory for detached houses and 1.8 months of inventory for attached homes (condos, townhomes and 1/2 duplexes).
  2. Demand: 1,260 properties sold in November which is up +42.2% from this time last year (November 2014) and is 2% less (28 sales) than last month (October 2015).
  3. Time:  The average time for a detached house to sell was 12.3 days.  For…

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It's Movember!  Time for the men to grow out their moustaches for prostate cancer awareness. Speaking of growing... the Vancouver real estate market is still growing strong! Here are 5 things you should know about the real estate market in Greater Vancouver for October 2015:

  1. Supply:  We had 2,741 properties listed thru the month of October which is down -46.6% from this time last year (October 2014) and down -12.4% from last month (September 2015). 
    If we look into those stats further.... we have 1.6 months of inventory for detached houses and 2.4 months of inventory for attached homes.
  2. Demand: 1,288 properties sold in October which is up +27.4% from this time last year (October 2014) and up +8.4% from last month (September 2015).
  3. Time:…

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It's officially Spring and our Real Estate Market is blooming! I have analyzed all of the stats from February and here are some insights to our market right here in Metro Vancouver:

  • We are in a very active Seller's market for houses with 46% of the homes selling within a month and we are also in a Seller's Market for attached homes with 29.0% of the homes selling within a month.
  • Sales are up 19.8% from last year and up 62.2% from last month!
  • Inventory is down -9.3% from last year and up 14.7% from last month.
  • The detached housing market has 2.9 months of inventory while our attached market has 4.1 months.
  • The average price of a house is $1,405,464 which is up 1.5% from last year and up 3.5% from last month
  • The average price of…

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