mark stephenson west vancouver real estate agent
You are here: Home Market Update
Housing market factors indicate stability in recent months PDF Print E-mail
Monday, 04 October 2010

September home sales in Greater Vancouver were consistent with activity experienced in the preceding two months across most categories.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,220 in September 2010. This represents a 0.8 per cent increase compared to August 2010 and 37.6 per cent decline from the 3,559 sales in September 2009.

In comparison, last month’s residential sales represent a 40.1 per cent increase over the 1,585 residential sales in September 2008, a 20 per cent decline compared to September 2007’s 2,776 sales, and an 11.9 per cent decline compared to September 2006’s 2,519 sales.

“We’ve seen fewer properties coming on to the market over the last three months. This trend, combined with the continued attraction of low interest rates, is likely having the effect of less downward pressure on home prices,” Jake Moldowan, REBGV president said. Read more...

 
Buyer’s market conditions continue in Greater Vancouver PDF Print E-mail
Saturday, 04 September 2010

Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,202 in August 2010. This represents a 36 per cent decline from the 3,441 sales in August 2009, the second highest selling August ever recorded, and a 2.4 per cent decline compared to July 2010. Read more...

 
Slow start, strong finish for housing market in 2009 PDF Print E-mail
Tuesday, 05 January 2010

After beginning the year at near record low sales levels, buyers’ confidence in the Greater Vancouver housing market quickly returned, allowing for significant and sustained increases in the number of residential property sales for much of 2009. Read more...

 
Strong demand carries into late fall PDF Print E-mail
Wednesday, 02 December 2009

Home values continued to edge upward in November as demand in the Greater Vancouver housing market remains well above seasonal norms. Read more...

 
High sales levels spur rise in home values PDF Print E-mail
Tuesday, 03 November 2009

Strong demand has led to a steady rise in Greater Vancouver home prices compared to last year.

Over the last 12 months, the MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver increased 6.8 per cent to $553,702 from $518,668 in October 2008. Read more...

 
Buyer demand remains strong while home listings increase PDF Print E-mail
Friday, 02 October 2009

Greater Vancouver home sales remained strong last month, with the second highest number of residential sales ever recorded for the month of September. Read more...

 
Market momentum carries into August PDF Print E-mail
Wednesday, 02 September 2009

The number of home sales in Greater Vancouver increased significantly last month compared to August 2008 and moved closer in line with the active summer months experienced between 2003 and 2007. Read more...

 
Strong spring market carries into summer months PDF Print E-mail
Thursday, 06 August 2009

The Greater Vancouver housing market gained further momentum in July with record sales levels and a continued strengthening of home prices. Read more...

 
Market conditions drive strong June housing sales PDF Print E-mail
Friday, 03 July 2009

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. Read more...

 
Increased demand steadies housing market in Greater Vancouver PDF Print E-mail
Tuesday, 02 June 2009

A continued increase in buyer activity over the last four months has resulted in increased home sales and lessened the downward pressure on housing prices in Greater Vancouver.

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. Read more...

 
<< Start < Prev 1 2 Next > End >>

Page 1 of 2
Contact Information
contact information

Client login
User ID:
Password:


Create your own personal, real-time MLS search.
Click here to signup

Open House Calendar

* Top 3% in North America based on gross commission income, Prudential Real Estate Affiliates