Friday, November 19, 2010 October 2010 Market Stats - Home Sales Remain Steady in Greater Vancouverby Agnes Pau (RE/MAX Sabre Realty Group) on Fri, Nov, 19, 2010 05:19 PM
VANCOUVER, BC - Greater Vancouver home sales have remained steady over the past four months, indicating stability in the residential housing market. With the MLS® sales to active listing inventory ratio indicating a buyers’ market, properties appropriately priced are selling.
According to the MLSLink® Housing Price Index (HPI), the benchmark price for all residential properties in Greater Vancouver over the last 12 months has increased 4.6 per cent to $579,349 in October 2010 from $553,702 in October 2009. Since June, however, residential home prices in Greater Vancouver have remained relatively unchanged, declining 0.2 per cent.
“We’ve seen a lot more consistency and less volatility in recent months when it comes to both number of sales and pricing, although it’s important to remember that conditions often vary between communities and neighbourhoods,” Jake Moldowan, Real Estate Board of Greater Vancouver (REBGV) president said.
Looking at...
Tuesday, May 11, 2010 April 2010 a Busy Market as Home Buyer and Seller Activity Increasesby Agnes Pau (RE/MAX Sabre Realty Group) on Tue, May, 11, 2010 02:36 PM April 2010 was the fifth highest selling April on record for the Real Estate Board of Greater Vancouver.
Sales were up 18.5% compared to April 2009; 9.1% compared to April 2008; and 3.7% compared to April 2007. Compared to last month, March 2010, sales were up 12%.
Here's video summary of the April 2010 market stats:
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