Eugene Knoedler online real estate tools
 

Greater Vancouver housing market favoured buyers in June

The number of residential property sales hit a 10-year low in Greater Vancouver for June, while prices remained relatively stable.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 2,362 in June, a 27.6 per cent decline compared to the 3,262 sales in June 2011 and a 17.2 per cent decline compared to the 2,853 sales in May 2012.

June sales were the lowest total for the month in the region since 2000 and 32.2 per cent below the 10-year June sales average of 3,484.

“Overall conditions have trended in favour of buyers in our marketplace in recent months,” Eugen Klein, REBGV president said. “This means buyers are facing less competition and have more selection to choose from compared to earlier in the year.”

click below for complete stats package

_media/Documents/REBGV Stats/Real Estate Stats June 2012.pdf

Post CommentComments: 0Read Full Story
 Spring activity remains balanced in the Greater Vancouver housing market

VANCOUVER, B.C. – June 4, 2012

– The number of properties listed for sale continued to increase in the Greater

Vancouver housing market in May. The number of sales decreased year over year, but remained relatively constant compared to recent months.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,853 on the Multiple Listing Service® (MLS®) in May 2012. This represents a 15.5 per cent decline compared to the 3,377 sales recorded in May 2011.

May sales were the lowest total for the month in the region since 2001 and 21.1 per cent below the 10-year May sales average of 3,617. However, sales have been constant throughout the spring months, with 2,874 sales in March and 2,799 sales in April.

“Home sellers have outpaced buyers in recent months, however, there continues to be an overall balance between supply and demand in our marketplace,” Eugen Klein, REBGV president said.    

 
 
            

Post CommentComments: 0Read Full Story
Categories:  | Beach Grove | Beach Grove, Tsawwassen Real Estate | Beach Grove, Tsawwassen Real Estate, vancouver | Beach Grove, Tsawwassen Real Estate,real estate news | Boundary Beach | Boundary Beach, Tsawwassen Real Estate | Brighouse | Brighouse, Richmond Real Estate | Cambie, Vancouver West Real Estate | Campbell Valley | Campbell Valley, Langley Real Estate | Cliff Drive | Cliff Drive, Tsawwassen Real Estate | Cloverdale BC, Cloverdale Real Estate | Crescent Bch Ocean Pk., South Surrey White Rock Real Estate | Delta Manor, Ladner Real Estate | Delta Real Estate | English Bluff | English Bluff, Tsawwassen Real Estate | Fairview VW | Fairview VW, Vancouver West Real Estate | Fleetwood Tynehead, Surrey Real Estate | Fraser Valley Real Estate sales statistics | Hawthorne | Hawthorne, Ladner Real Estate | HST on Housing | Kitsilano, Vancouver West Real Estate | ladner | Ladner Elementary, Ladner Real Estate | Ladner Re | Ladner Real Estate | Ladner Rural, Ladner Real Estate | Langley Real Estate | Lower Lonsdale, North Vancouver Real Estate | Market Trends | McNair, Richmond Real Estate | Neilsen Grove, Ladner Real Estate | Nordel, N. Delta Real Estate | North Surrey Real Estate | Panorama Ridge | Panorama Ridge, Surrey Real Estate | Pebble Hill | Pebble Hill, Tsawwassen Real Estate | Port Guichon, Ladner Real Estate | properties | Property for Sale | Queensborough, New Westminster Real Estate | Quilchena RI, Richmond Real Estate | rea | real | Real Estate | real estate new | Real Estate News | real estate statistics | richmo | Richmond Real Estate | Sold | South Delta Real Estate | Statistics | Surrey Real Estate | Tsawwassen Central | Tsawwassen Central, Tsawwassen Real Estate | Tsawwassen East, Tsawwassen Real Estate | Tsawwassen Real Estate | vancouver real estate | Vancouver West Real Estate | West Cambie | West Cambie, Richmond Real Estate | Westwind | Westwind, Richmond Real Estate | Whalley | Whalley, North Surrey Real Estate | Whistler | Whistler Real Estate | Whistler, Whistler Real Estate