And they don’t mean very much.
Sure, the numbers were terrific in every way that could be hoped for. Sales up from the abysmal 2009 Feb and even up from 2008. Listings down from the abysmal 2009 as well. Prices? Set a new high. And all the while a good two [...]
February 2010 Vancouver Real Estate Stats Released
Tuesday, March 2nd, 2010January 2010 Vancouver Real Estate Stats Released
Tuesday, February 2nd, 2010New highs and some incredible numbers highlight the first month’s statistics.
We are now in record price territory with a 0.8% increase over the previous highs set in May 2008. In the past year, Vancouver West benchmark prices have soared an astonishing 38%! Clearly this has been driven by historically low interest rates, incredibly [...]
Bears Prematurely come out of Hibernation
Monday, January 18th, 2010Welcome regular readers and new readers. Not to single any particular group out but welcome to those who have come here from Garth Turner’s “GreaterFool.ca“, CanadaBubble.com, and other sites.
Traffic to site has spiked up from two camps. Those who are looking to buy right away and those who really, really, would like to [...]
December 2009 Vancouver Real Estate Stats Released
Tuesday, January 5th, 2010Record Lows to (near) Record Highs Underscore a Year of Insanity
That’s the title I’d have given it. We literally went from “The End is Nigh” to near daily reports of bubble fears in the mainstream media. How is that even possible? really. Think about it. Could we have had a more bipolar year in housing? [...]
November 2009 Vancouver Real Estate Stats Released
Wednesday, December 2nd, 2009Has Vancouver real estate peaked?
That’s going to be the #1 question on so many minds now that the November Vancouver Real Estate Stats have been released.
Prices, we can say, didn’t move much either way over the past three months. Some were up a bit, some were down a bit. Neither means much at [...]
October 2009 REBGV Vancouver Real Estate Statistics Released
Tuesday, November 3rd, 2009So the stats have been released, just like clockwork, and once again the beat of the uprising market drum continues. Listings (supply) continue to fall while sales (demand) continues to rise resulting in increased prices. No one can deny that this market defied all expectations from the beginning of the year and where we sit [...]
September 2009 REBGV Vancouver Real Estate Statistics Released
Friday, October 2nd, 2009What can I say?
Second highest September Volume in Vancouver real estate history.
Prices UP Year over Year.
Listing volume still down by 36% Year over Year.
BUT…
Listings volume is increasing as word finally gets out that now is a very good time to sell. There are a lot of questions clouding the future and anyone who says [...]
REBGV August Stats Released
Wednesday, September 2nd, 2009Another month has flown by and with it comes the monthly release of the stats. August 2009 was a killer month (and I mean that with a positive connotation, you know, like “bad” is good). Sales up more than double the brutal August 2008, listings down still about a third, and the resulting [...]
July 2009 Stats Released
Wednesday, August 5th, 2009Let me just get this off my chest:
RECORD
BREAKING
MONTH!
That’s right. In a month which saw listings continue to fall from the previous month and are down up to around 50% in some areas the Real Estate Board of Greater Vancouver saw historic highs on sales.
And to think I took half the month off… [...]
June 2009 Vancouver Real Estate Statistics Released
Friday, July 3rd, 2009Hot! Hot! Hot!
That’s what I and every realtor has been saying for the past few months and the market has hit a new high point this year in June. In fact, in terms of unit sales, June was the third highest sales month in the past 16 years. Keep in mind [...]
Vancouver, BC 