Comments on: January Vancouver Real Estate Statistics Out Now http://agentwill.com/statistics/january-vancouver-real-estate-statistics-out-now/ Documenting Life and Real Estate in Vancouver Tue, 23 Aug 2011 20:23:45 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Dignan http://agentwill.com/statistics/january-vancouver-real-estate-statistics-out-now/comment-page-1/#comment-1377 Dignan Wed, 04 Feb 2009 01:05:48 +0000 http://agentwill.com/?p=1107#comment-1377 Hey Will, You said "You can clearly see that January did better than December on the benchmark value. Is that so hard to believe? No. December generally stinks in terms of sales" If you look at the stats, we had less sales in Jan then we did in December so I think hat the benchmarks are quite off this month based on lower sales. I can tell you for a fact that prices were down in south delta detached but the stats show prices up by just under $100,000.00. I know 2 of the houses that sold in January were very High end 4 Bedroom homes and probably skewed the Benchmark calculations substantially. The Benchmark is good but not perfect. Hey Will,

You said
“You can clearly see that January did better than December on the benchmark value. Is that so hard to believe? No. December generally stinks in terms of sales”

If you look at the stats, we had less sales in Jan then we did in December so I think hat the benchmarks are quite off this month based on lower sales. I can tell you for a fact that prices were down in south delta detached but the stats show prices up by just under $100,000.00. I know 2 of the houses that sold in January were very High end 4 Bedroom homes and probably skewed the Benchmark calculations substantially. The Benchmark is good but not perfect.

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