Eugene Knoedler online real estate tools
 

Prices hold firm as home buyers and sellers conclude 2012 from the sidelines

 

VANCOUVER, B.C. – January 3, 2013 -The Greater Vancouver housing market experienced below average home sale totals, typical home listing activity and modest declines in home prices in 2012.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached,
attached and apartment properties in 2012 reached 25,032, a 22.7 per cent decline from the
32,387 sales recorded in 2011, and an 18.2 per cent decrease from the 30,595 residential sales in
2010. Last year’s home sale total was 25.7 per cent below the ten-year average for annual
Multiple Listing Service® (MLS®) sales in the region.
The number of residential properties listed for sale on the MLS® in Greater Vancouver declined
2 per cent in 2012 to 58,379 compared to the 59,539 properties listed in 2011. Looking back
further, last year’s total represents a 0.6 per cent increase compared to the 58,009 residential
properties listed in 2010. Last year’s listing total was 6.1 per cent above the ten-year average for
annual MLS® property listings in the region.
"For much of 2012 we saw a collective hesitation on the part of buyers and sellers in the Greater
Vancouver housing market. This behavior was reflected in lower than average home sale activity
and modest fluctuations in home prices,” Eugen Klein, REBGV president said.

for complete stats package click here

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