February Sales Strong!


Sales activity robust through Olympic period in most areas!

Highlights
2,473 properties sold in February 2010 representing an increase of 67.1% over February 09, and a 28.6% increase over January 2010 and a 7.6% decrease from February 2008 sales of 2,676 units. The benchmark residential price index is up 19.7% from February 09 to $581,911.

It remains to be seen whet ...

2009 Ends On A Strong Note!

After a rocky start to the year, the housing market recovers to near peak performance!

Highlights
2,515 properties sold in December 09 representing a decrease of 18.4% from November 09, but a substantial increase of 172.2% from December 08, and a 32.6% increase over December 07 when 1,897 units sold. The benchmark residential price index is up 16.2% from Decemb ...

3rd Strongest November Sales On Record!

Highlights
3,083 properties sold in November 09 representing a decrease of 16.8% from October 09, a substantial increase of 252.7% from November 08, and a 6.9% increase from November 07 at 2,883 sold. The benchmark residential price index is up 12.4% from November 08 to $557,384 from $495,704.

Unit sales and price continue an upward trend

All Board A ...

High Sales Volume Drives Increased Home Values!



Highlights

3,704 properties sold in October 2009 representing an increase of 4.1% from September 2009, 171.6% vs. October 2008, and an increase of 22.3% vs. October 2007.

The benchmark residential price index is up 6.8% from October 2008 to $553,702.

Unit sales and price trending up.

All Board Areas
Detached - units up 201.6% (+994 ...

Buyer Demand Strong! Number of New Listings on the Rise!

Highlights

3,559 properties sold in September 2009 representing an increase of 124.5% vs. September 2008. This represents the second highest number of residential sales for the month of September.

YTD the benchmark residential price index is up 13% to $547,092. The September 2009 benchmark price leapfrogged prior year by 1.6%%

...

Market Momentum Carries Into August

Highlights

3,441 properties sold in August 2009 representing an increase of 119.5% vs. August 2008. This continues the positive trend set earlier this spring which has carried through the summer months with unit sales performance tracking closely with historic rates of sale seen in 2003 through 2007.

YTD the benchmark residential price index is up 11 ...

Strong Spring Market Carries Into Summer Months

Highlights

• Record sales in July 2009 of 4,114 units eclipsing the previous record of 4,023 in July 2003.
  YTD benchmark residential price index is up 9.2% but continues to lag behind same period last year down 5%

Improving unit sales and slowing rate of price decline year over year.

Detached - units up 95.2%, benchmark price off ...

Increased Demand Steadies Housing Market in Greater Vancouver

Highlights

Measurable improvement in month over month unit sales, with 17.4% increase in unit sales May 2009 vs. May 2008.
YTD benchmark residential price index is up 4.5% but continues to lag behind same period last year down 10.9%

Improving unit sales and slowing rate of price decline year over year.

Detached - units up ...

Buyer Activity Brings Stability!

More Buyers, Fewer Homes For Sale Sets Stage For Moderation And Balance!

The Real Estate Board of Greater Vancouver (REBGV) reports residential property sales in Greater Vancouver totalled 2,963 in April 2009, a decline of 8% from the 3,218 sales recorded in April 2008. April sales represent a 31% increase over March 2009 unit sales.

Message From The ...

Property Sales Strengthen!

March Unit Sales Up 53% over February!

March 2009 home sales returned to levels not seen since the start of the decade with 2,265 sales reported, a 53% increase over February, but off 24.4% from March 2008 volume of 2,997 units.

The number of new listings declined 22% in March 2009 to 4,385 compared to prior year, a 5th consecutive monthly decline.

Messag ...