4th
June
2008
May Stats Released
posted in Statistics |
No surprise to read a report that the trend continues. Sales down a few percent. Listings up. Way way up! Prices still moderate. But again, these are average prices and do not in any way reflect what is actually happening out there. People may be spending the same amount but are getting more for their money.
Though the past 10 days have had the best sale/list numbers of the year we are in a buyers market. Many realtors are advising their clients to price at or below the last sale. This is not stopping buyers who are finding more value than they did even 3-4 months ago.
| Tagged: rebgv, Statistics | This entry was posted
on Wednesday, June 4th, 2008 at 2:59 am and is filed under Statistics.
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Vancouver, BC 
Hey Will. Thanks for posting these. But, you might want to check to make sure you have posted the June stats!
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[…] Year over year sales dropped 30% in May 2008 and “Listings [are] up. Way way up!”. […]