Vancouver Housing Market

Greater Vancouver Property Prices Rise 12.4% from November 2008

by Maggie Chandler December 2, 2009

Home values continued to edge upward in November as demand in the Greater Vancouver housing market remains well above seasonal norms.Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 12.4 per cent to $557,384 from $495,704 in November 2008. This price, however, remains …

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Downtown Vancouver Real Estate Analysis for August 2009

by Maggie Chandler September 23, 2009 Downtown

Vancouver’s Downtown condo market has seen listings stabilize since April, sales stabilize since June and the average selling price unchanged since June. Monthly Sales remain the highest since Jan’08. Condos that “expired” and didn’t sell increased from 33 to 42 (vs. 78 in Jan) and only 7 got re-listed. Average days on the market for condos that sold dropped to 25 and are the lowest since Jan’08. The …

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Vancouver Real Estate Analysis for Kitsilano, July 2009

by Maggie Chandler August 10, 2009 Kitsilano

Kits condo market inventory continues to drop to the lowest level since we started this analysis 18 months ago. Vancouver real estate market analysis for Kitsilano condos saw July sales up and higher than any of the last 18 months. Listings dropped to a low of 78, half of what they wee a year ago. Average price for solds increased from $421,000 to $460,866 and for the last 2 …

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Vancouver Real Estate Graphs for July 2009

by Maggie Chandler August 6, 2009

The average price of houses, townhouses dipped slightly in July, compared to June. Condo prices continued to climb. Prices have been rising since March. The graph shows the houses on the top, townhomes (middle) and condos (bottom) average price from 1977 to present. The Vancouver market peaked in 1981, 1990, 1995 and 2008. Vancouver condos didn’t appreciate much between …

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Greater Vancouver Real Estate Sales Strongest July Ever

by Maggie Chandler August 5, 2009

Just released from REBGV

The Greater Vancouver housing market gained further momentum in July with record sales levels and a continued strengthening of home prices.The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 4,114 in July 2009, becoming the highest volume of sales ever recorded …

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Vancouver Real Estate Analysis for Downtown June 2009

by Maggie Chandler July 16, 2009 Downtown

Vancouver’s Downtown condo market saw listings up slightly to 437 and are the lowest since January 2008. 52 condos expired and came off the market(vs. 78 in Jan) and only 6 got relisted. Sales spiked from 117 to 176 and are by far the highest for the last 18 months. Average days on the market for condos that sold dropped to 32. The average price …

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BCREA Graph Shows Vancouver Homes Sales Climb for 5th Consecutive Month

by Maggie Chandler July 13, 2009

The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province rose 40 per cent to 9,970 units in June 2009 compared to the same month last year. Activity in the month of June marked the fifth consecutive month of rising sales and the highest level of activity …

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Vancouver Real Estate Graphs for June 2009

by Maggie Chandler July 8, 2009

Above are the Vancouver real estate graphs for June for houses, townhouses and condos on Vancouver’s west side. The houses performed slightly different to the townhouses and condos.

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Vancouver Real Estate Sales for June 75% Higher than June 2008

by Maggie Chandler July 3, 2009

REBGV just released Vancouver real estate numbers for June, as follows.

The combination of low interest rates and more affordable pricing helped propel Greater Vancouver home sale numbers to the second all-time highest total for the month of June.The Real Estate Board of Greater Vancouver (REBGV) reports that sales of detached, attached and apartment properties increased …

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Vancouver Real Estate Sales in May Up from May 2008

by Maggie Chandler June 2, 2009

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 3,524 in May 2009, an increase of 17.4 per cent from the 3,002 sales recorded in May 2008, and an increase of 18.9 per cent compared to last month.

Since the beginning of the year, the …

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