ASSOCIATION OF REGINA REALTORS INC.

Size: px
Start display at page:

Download "ASSOCIATION OF REGINA REALTORS INC."

Transcription

1 ASSOCIATION OF REGINA REALTORS INC McIntyre Street Regina, Sask. S4P P9 Ph: Fax: For immediate release April 3, 18 RESIDENTIAL SALES SLIDE MARKS END OF 1 ST QUARTER The number of residential sales reported through the Regina and area MLS System in fell significantly from and was well below historical averages for the month, said the Association of Regina REALTORS Inc. There were 15 sales posted during the month in all geographic areas, down 6.6% from last year when 93 sales were recorded. This is well below both the 5-year average of 84, the 1-year average of 315 and is the fewest number of sales in over a decade. There were 175 sales posted in the city, a decrease of 8.3% from when 44 sales occurred. The number of sales in the city was also below the 5- year average of 35 and 1-year average of 58. For the year-to-date there were 576 sales reported in all areas, a decrease of 7.3% from 61 in. In the city, there have been 47 sales to the end of compared to 5 last year, down 1.%. For, the MLS Home Price Index (HPI), a much more accurate measure of housing price trends than average or median price reported a composite benchmark residential price of $8, and index of 59.4 in the city, down 4.6% from $93,4 one year ago. This continued a downward trend that began in, and is now actually 9.1% below the composite price reported in of $38,. The majority of this price loss has occurred in the last 6-7 months primarily due to slowing demand and elevated supply levels. The HPI measures residential price trends based on four benchmark home types, with the index set at a base of 1 for January 5. The sales volume of $63.9M posted in all geographic areas for the month was down 31.8% from s $93.6M. Dollar volume in the city of $53.5M was down 31.6% from s $78.M. In the city, there were 1,384 active residential listings on the market at the end of, up 16% from s 1,195. This is the largest number of active listings at the end of in over a decade. 1

2 There were 699 new listings placed on the MLS System during the month in all geographic areas, down 7.1% from s 75. In the city, there were 55 new listings recorded, down 1.4% from 586 in. The ratio of sales to new listings for the month was 33% and 3% in all geographic areas. These sales to list ratios are the lowest in many years and tend to point to buyer s market conditions. Balanced market conditions are generally in the 4-6% range below 4% is considered to be more of a buyer s market - above 6% is considered to be a market favouring sellers. Homes that did sell in the city sold in average of 56 days in the city and 64 days in all areas. This compares to 45 and 48 days respectively last year. is typically when we experience an upturn in the market from a seasonal point of view. That was not the case so it was very disappointing to see the results that actually occurred. We are hoping to see April results return more to historical patterns, said Gord Archibald, Chief Executive Officer of the Association of Regina REALTORS Inc. With projections for economic growth for the Regina area to be very positive for 18, we remain optimistic that this will eventually translate into both job and population growth. This will in turn stimulate demand for housing in the area, concluded Archibald. The Association operates the Multiple Listing Service System in Regina and area and publishes the Southern Sask Real Estate Review. The MLS System is a co-operative marketing system used only by Canada s real estate Boards to ensure maximum exposure of properties for sale. Additional market information may be accessed here: For more information, contact: Gord Archibald, Chief Executive Officer GArchibald@ReginaREALTORS.com Trademark owned or controlled by the Canadian Real Estate Association. Used under license.

3 MLS Residential Market Activity Sales Activity ( only) New Listings ( only) Active Listings ( only) Months of Inventory ( only) ,96 1,79 1,171 1,195 1, MLS HPI Benchmark Price and Average Price $35, $3, $5, $, Jan8 Jul8 Jan9 Jul9 Jan1 Jul1 Jan Jul Jan1 Jul1 Jan Jul Jan14 Jul14 Jan Jul Jan Jul Jan Jul Jan18 Jul18 MLS HPI Composite Benchmark Price Averge Price

4 MLS Residential Market Activity Sales Activity ( Year-to-date) New Listings ( Year-to-date) 8 1, , 5 1,144 1,14 1, ,1 1,316 1,383 1,3 1,33 1,393 Active Listings 1 ( Year-to-date) Months of Inventory ( Year-to-date) 1, ,155 1,1 1,71 1, the year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year Average active listings January to the current month/average of sales January to the current month

5 MLS Residential Market Activity Compared to 6 Actual 18 8 Sales Activity Dollar Volume ($) $53,5, New Listings Active Listings 1, Sales to New Listings Ratio Months of Inventory Average Price ($) $35, Sales to List Price Ratio Median Days on Market Compared to 6 Year-to-date 18 8 Sales Activity Dollar Volume ($) $143,763, New Listings 1, Active Listings 3 1, Months of Inventory Average Price ($) $35, Sales to List Price Ratio Median Days on Market Sales / new listings * 1; Compared to Levels from previous periods Active listings at month end / monthly sales; Compared to levels from previous periods 3 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year 4 Sum of sales from January to current month / sum of new listings from January to current month 5 Average active listings from January to current month / average sales from January to current month 6 Sales to new listings ratio and months of inventory shown as levels; all others calculated as percentage changes

6 MLS HPI Benchmark Price MLS Home Price Index Benchmark Price percentage change vs. Benchmark Type: 18 1 month ago 3 months ago 6 months ago 1 months ago 3 years ago 5 years ago Composite $8, Single Family $91, One Storey $77, Two Storey $33, Townhouse $31, Apartment $18, $4, MLS HPI Benchmark Price $35, $3, $5, Composite Single Family 1 Storey Storey Townhouse Apartment $, $15, Jan8 Jul8 Jan9 Jul9 Jan1 Jul1 Jan Jul Jan1 Jul1 Jan Jul Jan14 Jul14 Jan Jul Jan Jul Jan Jul Jan18 Jul18

7 Regina City and Region MLS Residential Market Activity Sales Activity ( only) New Listings ( only) Active Listings ( only) Months of Inventory ( only) ,6 1,4 9 1,96 1,588 1,78 1,674 1,749 1,

8 Regina City and Region MLS Residential Market Activity Sales Activity ( Year-to-date) New Listings ( Year-to-date) ,5 1, 1,39 1, ,48 1,4 1,7 1,777 1,677 1,739 1,8 Active Listings 1 ( Year-to-date) Months of Inventory ( Year-to-date) 1,5 1, ,411 1,61 1,597 1,581 1, the year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year Average active listings January to the current month/average of sales January to the current month

9 Regina City and Region MLS Residential Market Activity Compared to 6 Actual 18 8 Sales Activity Dollar Volume ($) $63,859, New Listings Active Listings 1, Sales to New Listings Ratio Months of Inventory Average Price ($) $97, Sales to List Price Ratio Median Days on Market Compared to 6 Year-to-date 18 8 Sales Activity Dollar Volume ($) $171,376, New Listings 1, Active Listings 3 1, Months of Inventory Average Price ($) $97, Sales to List Price Ratio Median Days on Market Sales / new listings * 1; Compared to Levels from previous periods Active listings at month end / monthly sales; Compared to levels from previous periods 3 The year-to-date active listings figure is a monthly average of the number of homes on the market at the end of each month so far this year 4 Sum of sales from January to current month / sum of new listings from January to current month 5 Average active listings from January to current month / average sales from January to current month 6 Sales to new listings ratio and months of inventory shown as levels; all others calculated as percentage changes

10 MLS HPI Benchmark Descriptions Composite Features Above Ground Basement Finish Value 3 Unfinished 3 Below Ground Exterior Walls Freshwater Supply Masonry & Siding Municipal waterworks Full Bathrooms Garage Description Gross Living Area (Above Ground; in sq. ft.) Attached, Single width 118 Half Bathrooms Heating Heating Fuel Number of Fireplaces Total Number Of Rooms Type Of Foundation Wastewater Disposal Forced air Natural Gas 7 Basement, Poured concrete Municipal sewers Year Built 1971 Single Family Features Above Ground Basement Finish Value 3 Unfinished 3 Below Ground Exterior Walls Freshwater Supply Masonry & Siding Municipal waterworks Full Bathrooms Garage Description Gross Living Area (Above Ground; in sq. ft.) Attached, Single width 1134 Half Bathrooms Heating Heating Fuel Forced air Natural Gas Lot Size 575 Number of Fireplaces Total Number Of Rooms Type Of Foundation Type of Property Wastewater Disposal 7 Basement, Poured concrete Detached Municipal sewers Year Built 1965

11 MLS HPI Benchmark Descriptions 1 Storey Storey Features Value Features Value Above Ground 3 Above Ground 3 Basement Finish Unfinished Basement Finish Unfinished 4 3 Below Ground 1 Below Ground Exterior Walls Masonry & Siding Exterior Walls Masonry & Siding Freshwater Supply Municipal waterworks Freshwater Supply Municipal waterworks Full Bathrooms Full Bathrooms Garage Description Attached, Single width Garage Description Attached, Double width Gross Living Area (Above Ground; in sq. ft.) 16 Gross Living Area (Above Ground; in sq. ft.) 1453 Half Bathrooms Half Bathrooms 1 Heating Forced air Heating Forced air Heating Fuel Natural Gas Heating Fuel Natural Gas Lot Size 579 Lot Size 5598 Number of Fireplaces Number of Fireplaces Total Number Of Rooms 7 Total Number Of Rooms 7 Type Of Foundation Basement, Poured concrete Type Of Foundation Basement, Poured concrete Type of Property Detached Type of Property Detached Wastewater Disposal Municipal sewers Wastewater Disposal Municipal sewers Year Built 1965 Year Built 197

12 MLS HPI Benchmark Descriptions Townhouse Apartment Features Value Features Value Above Ground Above Ground Attached Specification Row Attached Specification Row Basement Finish Unfinished Basement Finish Unfinished Below Ground Below Ground Exterior Walls Masonry & Siding Exterior Walls Masonry & Siding Freshwater Supply Municipal waterworks Freshwater Supply Municipal waterworks Full Bathrooms 1 Garage Description Gross Living Area (Above Ground; in sq. ft.) Attached, Single width 16 Half Bathrooms 1 Heating Heating Fuel Forced air Natural Gas Full Bathrooms 1 Gross Living Area (Above Ground; in sq. ft.) 93 Half Bathrooms Heating Heating Fuel Number of Fireplaces Hot water Natural Gas Number of Fireplaces Total Number Of Rooms 5 Total Number Of Rooms Type Of Foundation Wastewater Disposal 6 Basement, Poured concrete Municipal sewers Type Of Foundation Wastewater Disposal Poured concrete Municipal sewers Year Built 1983 Year Built

ASSOCIATION OF REGINA REALTORS INC.

ASSOCIATION OF REGINA REALTORS INC. ASSOCIATION OF REGINA REALTORS INC. 1854 McIntyre Street Regina, Sask. S4P P9 Ph: 791-7 Fax: 781-794 www.reginarealtors.com For immediate release November 5, OCTOBER RESIDENTIAL SALES YIELD MIXED RESULTS

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release According to statistics 1 released today by The Canadian Real Estate Association (CREA), national home sales posted their third monthly increase and broke all previous monthly records. Highlights: The

More information

News Release. Canadian home sales slip further in January Ottawa, ON, February 17, The Canadian Real Estate Association

News Release. Canadian home sales slip further in January Ottawa, ON, February 17, The Canadian Real Estate Association Canadian home sales slip further in January Ottawa, ON, February 17, 2015 According to statistics 1 released today by The Canadian Real Estate Association (CREA), national home sales activity was down

More information

MonthlyStatistics DECEMBER 2017

MonthlyStatistics DECEMBER 2017 MonthlyStatistics DECEMBER 2017 FOR IMMEDIATE RELEASE January 2, 2018 VIREB Posts the Strongest December on Record NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that on a seasonally

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales push higher in February Ottawa, ON, March 15, 2016 According to statistics 1 released today by The Canadian Real Estate Association

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales surge in December Ottawa, ON, January 15, 2018 Statistics 1 released today by The Canadian Real Estate Association (CREA), show national

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales drop in January Ottawa, ON, February 15, 2018 Statistics 1 released today by The Canadian Real Estate Association (CREA) show national

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales improve slightly in March Ottawa, ON, April 13, 2018 Statistics 1 released today by The Canadian Real Estate Association (CREA) show

More information

AAug ugust 2017

AAug ugust 2017 August 17 17 Housing recovery a balancing act Growth in new listings outpaced sales preventing inventory declines City of Calgary, September 1, 17 Sales posted a modest gain in August, but a rise in new

More information

Fewer home sales and listings in the first quarter of 2018

Fewer home sales and listings in the first quarter of 2018 News Release FOR IMMEDIATE RELEASE: Fewer home sales and listings in the first quarter VANCOUVER, BC April 4, Home buyers and sellers were less active in Metro Vancouver* throughout the first quarter.

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales fall further in July Ottawa, ON, August 15, 2017 According to statistics 1 released today by The Canadian Real Estate Association (CREA),

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales post solid gain in November Ottawa, ON, December 14, 2017 According to statistics 1 released today by The Canadian Real Estate Association

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales fall further in February Ottawa, ON, March 15, 2018 Statistics 1 released today by The Canadian Real Estate Association (CREA) show

More information

News Release. Canadian home sales up in May Ottawa, ON, June 16, The Canadian Real Estate Association

News Release. Canadian home sales up in May Ottawa, ON, June 16, The Canadian Real Estate Association Canadian home sales up in May Ottawa, ON, June 16, 2014 According to statistics 1 released today by The Canadian Real Estate Association (CREA), national home sales activity posted a sizeable month-over-month

More information

Monthly Statistics Package July 2016

Monthly Statistics Package July 2016 Vancouver Island Real Estate Board Monthly Statistics Package July 2016 FOR IMMEDIATE RELEASE August 2, 2016 Home Sales a Bit Cooler in July But Significantly Higher Than Last Year NANAIMO, BC Home sales

More information

California Housing Market Update. Monthly Sales and Price Statistics January 2018

California Housing Market Update. Monthly Sales and Price Statistics January 2018 California Housing Market Update Monthly Sales and Price Statistics January 2018 Sales Started with a Slight Decrease California, Jan. 2018 Sales: 388,800 Units, -2.9% YTD, -2.9% YTY 700,000 600,000 500,000

More information

MonthlyStatistics AUGUST 2018

MonthlyStatistics AUGUST 2018 MonthlyStatistics AUGUST 2018 FOR IMMEDIATE RELEASE September 4, 2018 Sales Bounce Back Slightly From July But Still Lower Than in 2017 NANAIMO, BC Sales of single-family homes in August were seven per

More information

News Release. Canadian home sales ease back in September Ottawa, ON, October 15, The Canadian Real Estate Association

News Release. Canadian home sales ease back in September Ottawa, ON, October 15, The Canadian Real Estate Association The Canadian Real Estate Association News Release Canadian home sales ease back in September Ottawa, ON, October 15, 2014 According to statistics 1 released today by The Canadian Real Estate Association

More information

California Housing Market Update. Monthly Sales and Price Statistics October 2018

California Housing Market Update. Monthly Sales and Price Statistics October 2018 California Housing Market Update Monthly Sales and Price Statistics October 2018 Sales Had the 2 nd Largest Drop in the Last 6 Months California, October 2018 Sales: 397,060 Units, -3.7% YTD, -7.9% YTY

More information

MonthlyStatistics MAY 2018

MonthlyStatistics MAY 2018 MonthlyStatistics MAY 2018 FOR IMMEDIATE RELEASE June 1, 2018 Single-Family Benchmark Price Surpasses $500,000 in May NANAIMO, BC The benchmark price of a single-family home in the VIREB area broke the

More information

Metro Vancouver home sales decline below historical averages in 2018

Metro Vancouver home sales decline below historical averages in 2018 News Release FOR IMMEDIATE RELEASE: Metro Vancouver home sales decline below historical averages in VANCOUVER, BC January 3, 2019 Metro Vancouver* home sales in were the lowest annual total in the region

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales push higher in February Ottawa, ON, March 15, 2016 According to statistics 1 released today by The Canadian Real Estate Association

More information

Monthly Statistics Package November 2015

Monthly Statistics Package November 2015 Vancouver Island Real Estate Board Monthly Statistics Package November 2015 FOR IMMEDIATE RELEASE December 1, 2015 November Sales Activity Up Significantly From One Year Ago NANAIMO, BC November sales

More information

A A p p r ril 2017

A A p p r ril 2017 April 17 17 Housing market retains momentum in April Citywide prices hold steady as labour market improves City of Calgary, May 1, 17 Calgary s housing market continued to show signs of stability in April.

More information

CALGARY REGIONAL HOUSING MARKET STATISTICS 12.14

CALGARY REGIONAL HOUSING MARKET STATISTICS 12.14 CALGARY REGIONAL HOUSING MARKET STATISTICS 12.14 Yearly records set as monthly sales see slight decline Condominium and townhouse sales set a new record for 214 Calgary, January 2, 215 It was a record

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales edge down from December to January Ottawa, ON, February 15, 2017 According to statistics 1 released today by The Canadian Real Estate

More information

MonthlyStatistics AUGUST 2017

MonthlyStatistics AUGUST 2017 MonthlyStatistics AUGUST 2017 FOR IMMEDIATE RELEASE September 1, 2017 VIREB Housing Market Continues to Sizzle NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that single-family home

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales fall in April Ottawa, ON, May 15, 2018 Statistics 1 released today by The Canadian Real Estate Association (CREA) show national home

More information

Monthly Statistics Package June 2015

Monthly Statistics Package June 2015 Vancouver Island Real Estate Board Monthly Statistics Package June 2015 FOR IMMEDIATE RELEASE July 2, 2015 Robust Housing Market Shows No Signs of Slowing Down NANAIMO, BC A robust provincial economy and

More information

MonthlyStatistics JULY 2018

MonthlyStatistics JULY 2018 MonthlyStatistics JULY 2018 FOR IMMEDIATE RELEASE August 1, 2018 Prices Continue to Sizzle in Summer Housing Market NANAIMO, BC Prices of single-family homes, apartments, and townhouses continue to rise

More information

The Market Watch Monthly Housing Report. Coachella Valley Median Detached Home Price Dec Dec 2016

The Market Watch Monthly Housing Report. Coachella Valley Median Detached Home Price Dec Dec 2016 The Market Watch Monthly Housing Report Median Price $450,000 Coachella Valley Median Detached Home Price Dec 2002 - Dec 2016 $400,000 $350,000 $300,000 $339,930 $340,000 $250,000 $200,000 $150,000 CV

More information

California Housing Market Update. Monthly Sales and Price Statistics December 2018

California Housing Market Update. Monthly Sales and Price Statistics December 2018 California Housing Market Update Monthly Sales and Price Statistics December 2018 Sales Reached the Lowest Level since Jan 2015 California, December 2018 Sales: 372,260 Units, -5.2% YTD, -11.6% YTY 700,000

More information

CALGARY REGIONAL HOUSING MARKET STATISTICS CALGARY SALES COMPARISON CALGARY INVENTORY AND SALES

CALGARY REGIONAL HOUSING MARKET STATISTICS CALGARY SALES COMPARISON CALGARY INVENTORY AND SALES CALGARY REGIONAL HOUSING MARKET STATISTICS 4.12 A RETURN TO TYPICAL SALES ACTIVITY IN THE CALGARY REGION Improved activity across all sectors Calgary, May 1, 212 For the month of April 212, yearoveryear

More information

Metro Vancouver home buyers compete for fewer home listings

Metro Vancouver home buyers compete for fewer home listings News Release FOR IMMEDIATE RELEASE: Metro Vancouver home buyers compete for fewer home listings VANCOUVER, B.C. October 2, Conditions continue to favour home sellers across *Metro Vancouver s housing market.

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales rebound in January Ottawa, ON, February 16, 2016 According to statistics 1 released today by The Canadian Real Estate Association (CREA),

More information

MonthlyStatistics JANUARY 2018

MonthlyStatistics JANUARY 2018 MonthlyStatistics JANUARY 2018 FOR IMMEDIATE RELEASE February 1, 2018 Sales Return to Seasonal Norms in January NANAIMO, BC Coming off the busiest December on record, sales in the VIREB area returned to

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales activity softens further in November Ottawa, ON, December 17, 2018 Statistics 1 released today by the Canadian Real Estate Association

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales activity edges lower in September Ottawa, ON, October 15, 2018 Statistics 1 released today by The Canadian Real Estate Association

More information

Metro Vancouver housing market off to a quieter start than last year

Metro Vancouver housing market off to a quieter start than last year News Release FOR IMMEDIATE RELEASE: Metro Vancouver housing market f to a quieter start than last year VANCOUVER, BC February 2, 2017 Home sales and listings trends are below long-term averages in the

More information

MonthlyStatistics DECEMBER 2018

MonthlyStatistics DECEMBER 2018 MonthlyStatistics DECEMBER 2018 FOR IMMEDIATE RELEASE January 2, 2019 Housing Market in 2018 Performed as Expected NANAIMO, BC Sales of single-family homes in December dropped by 48 per cent from one year

More information

MonthlyStatistics APRIL 2018

MonthlyStatistics APRIL 2018 MonthlyStatistics APRIL 2018 FOR IMMEDIATE RELEASE May 1, 2018 Sales Holding Steady Amid Rising House Prices NANAIMO, BC Sales of single-family homes in the VIREB area rose by 20 per cent month over month

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales at five-year low in May Ottawa, ON, June 15, 2018 Statistics 1 released today by The Canadian Real Estate Association (CREA) show national

More information

News Release. Canadian home sales edge up in February Ottawa, ON, March 13, The Canadian Real Estate Association

News Release. Canadian home sales edge up in February Ottawa, ON, March 13, The Canadian Real Estate Association The Canadian Real Estate Association News Release Canadian home sales edge up in February Ottawa, ON, March 13, 2015 According to statistics 1 released today by The Canadian Real Estate Association (CREA),

More information

MonthlyStatistics MARCH 2017

MonthlyStatistics MARCH 2017 MonthlyStatistics MARCH 2017 FOR IMMEDIATE RELEASE April 3, 2017 Low Inventory Continues to Limit Vancouver Island Buyers NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that in March

More information

Metro Vancouver homes sales down across all property types

Metro Vancouver homes sales down across all property types News Release FOR IMMEDIATE RELEASE: Metro Vancouver homes sales down across all property types VANCOUVER, BC December 4, Home buyer demand remains below long-term historical averages in the Metro Vancouver*

More information

Greater Vancouver residential property sale and listing activity below 10-year averages in November

Greater Vancouver residential property sale and listing activity below 10-year averages in November News Release Greater Vancouver residential property sale and listing activity below 10-year averages in Vancouver, B.C. December 4, Over the past six months, the Greater Vancouver housing market has seen

More information

News Release FOR IMMEDIATE RELEASE

News Release FOR IMMEDIATE RELEASE News Release FOR IMMEDIATE RELEASE Greater Vancouver housing market hits summer lull VANCOUVER, B.C. August 2, Residential property sales in Greater Vancouver remained at a 10-year low in, while the number

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales activity eases in October Ottawa, ON, November 15, 2018 Statistics 1 released today by the Canadian Real Estate Association (CREA)

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales drop again in June Ottawa, ON, July 17, 2017 According to statistics 1 released today by The Canadian Real Estate Association (CREA),

More information

MONTHLY STATISTICS PACKAGE

MONTHLY STATISTICS PACKAGE MONTHLY STATISTICS PACKAGE FEBRUARY 2019 FOR IMMEDIATE RELEASE March 1, 2019 Guideline B-20 Continues to Dampen Housing Sales NANAIMO, BC Sales of single-family homes in February board-wide dipped by 28

More information

News Release FOR IMMEDIATE RELEASE:

News Release FOR IMMEDIATE RELEASE: News Release FOR IMMEDIATE RELEASE: Home buyers remain active across Metro Vancouver VANCOUVER, BC July 5, Home buyers continue to compete for homes listed for sale across the Metro Vancouver housing market.

More information

MonthlyStatistics OCTOBER 2018

MonthlyStatistics OCTOBER 2018 MonthlyStatistics OCTOBER 2018 FOR IMMEDIATE RELEASE November 1, 2018 Prices Continue Rising Despite Moderating Sales NANAIMO, BC Sales of single-family homes in October were 11 per cent higher than in

More information

Condominiums and townhomes in high demand across Metro Vancouver

Condominiums and townhomes in high demand across Metro Vancouver News Release FOR IMMEDIATE RELEASE: Condominiums and townhomes in high demand across Metro Vancouver VANCOUVER, BC May 2, Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing

More information

MONTHLY STATISTICS PACKAGE. City of Calgary. May creb.com

MONTHLY STATISTICS PACKAGE. City of Calgary. May creb.com MONTHLY STATISTICS PACKAGE City of Calgary May 1 creb.com Housing supply swells in cool spring market MONTHLY STATISTICS PACKAGE City of Calgary May 1 City of Calgary, June 1, 1 Calgary s housing inventory

More information

Metro Vancouver continues to experience above-average demand and below-average supply

Metro Vancouver continues to experience above-average demand and below-average supply News Release FOR IMMEDIATE RELEASE: Metro Vancouver continues to experience above-average demand and below-average supply VANCOUVER, BC December 4, Metro Vancouver* saw modest home listing changes and

More information

Demand for homes continues to outpace supply in Metro Vancouver

Demand for homes continues to outpace supply in Metro Vancouver News Release FOR IMMEDIATE RELEASE: Demand for homes continues to outpace supply in Metro Vancouver VANCOUVER, BC April 4, A shortage residential property listings coupled with strong demand, particularly

More information

News Release FOR IMMEDIATE RELEASE:

News Release FOR IMMEDIATE RELEASE: News Release FOR IMMEDIATE RELEASE: Demand remains elevated across the Metro Vancouver housing market VANCOUVER, BC June 2, Metro Vancouver* homes continue to sell at an unprecedented rate in communities

More information

2015 First Quarter Market Report

2015 First Quarter Market Report 2015 First Quarter Market Report CAAR Member Copy Expanded Edition Charlottesville Area First Quarter 2015 Highlights: Median sales price for the region was up 5.1% over Q1-2014, rising from $244,250 to

More information

California Housing Market Update. Monthly Sales and Price Statistics November 2018

California Housing Market Update. Monthly Sales and Price Statistics November 2018 California Housing Market Update Monthly Sales and Price Statistics November 2018 Home Sales: Largest Decline Since 2014 California, November 2018 Sales: 381,400 Units, -4.6% YTD, -13.4% YTY 700,000 600,000

More information

Prospective home buyers remain on the sidelines in March

Prospective home buyers remain on the sidelines in March News Release FOR IMMEDIATE RELEASE: Prospective home buyers remain on the sidelines in VANCOUVER, BC April 2, Metro Vancouver* home sales dipped to the lowest levels seen in in more than three decades.

More information

Home buyer demand depends on property type

Home buyer demand depends on property type News Release FOR IMMEDIATE RELEASE: Home buyer demand depends on property type VANCOUVER, BC February 2, Attached and apartment homes are in demand across Metro Vancouver* while detached home buyers are

More information

The Desert Housing Report. Coachella Valley Median Detached Home Price December December 2018

The Desert Housing Report. Coachella Valley Median Detached Home Price December December 2018 Median Price $450,000 $400,000 Coachella Valley Median Detached Home Price December 2002 - $369,450 $389,944 $350,000 $300,000 $250,000 $200,000 $150,000 CV Detached Median Price 4% Growth Curve Summary

More information

September 2018 Loudoun County Market Trends Report Inventory continues to tighten as prices increase and closed sales decline

September 2018 Loudoun County Market Trends Report Inventory continues to tighten as prices increase and closed sales decline FOR IMMEDIATE RELEASE Contact: Brenda Morton 703 777 2468 Dulles Area Association of REALTORS bmorton@dullesarea.com September 2018 Loudoun County Market Trends Report Inventory continues to tighten as

More information

FOR IMMEDIATE RELEASE Contact: Brenda Morton Dulles Area Association of REALTORS

FOR IMMEDIATE RELEASE Contact: Brenda Morton Dulles Area Association of REALTORS FOR IMMEDIATE RELEASE Contact: Brenda Morton 703 777 2468 Dulles Area Association of REALTORS bmorton@dullesarea.com February 2018 Loudoun County Market Trends Report Inventory reaches yet another record

More information

August 2017 Loudoun County Market Trends Report Sales Price Reaches Record High; Sales Decline; Inventory Remains Low

August 2017 Loudoun County Market Trends Report Sales Price Reaches Record High; Sales Decline; Inventory Remains Low FOR IMMEDIATE RELEASE Contact: Christine Windle 703 777 2468 Dulles Area Association of REALTORS cwindle@dullesarea.com August 2017 Loudoun County Market Trends Report Sales Price Reaches Record High;

More information

Low supply continues to limit Metro Vancouver home buyers

Low supply continues to limit Metro Vancouver home buyers News Release FOR IMMEDIATE RELEASE: Low supply continues to limit Metro Vancouver home buyers VANCOUVER, BC March 2, Reluctance amongst Metro Vancouver* home sellers is impacting sale and price activity

More information

News Release FOR IMMEDIATE RELEASE:

News Release FOR IMMEDIATE RELEASE: News Release FOR IMMEDIATE RELEASE: Home buyers remain active despite reduced selection VANCOUVER, B.C. February 3, 2015 The first month 2015 saw home sale activity above historical norms, while the number

More information

Last month s sales were 33.5 per cent above the 10-year sales average for the month.

Last month s sales were 33.5 per cent above the 10-year sales average for the month. News Release FOR IMMEDIATE RELEASE: Summer heat doesn t slow home buyer activity VANCOUVER, B.C. August 5, Metro Vancouver home sales were more than a third above the 10-year average in, while the number

More information

Reduced demand is allowing housing supply to accumulate

Reduced demand is allowing housing supply to accumulate News Release FOR IMMEDIATE RELEASE: Reduced demand is allowing housing supply to accumulate VANCOUVER, BC June 4, Home buyer demand continues to decline across the Metro Vancouver* housing market. The

More information

Coachella Valley Median Detached Home Price Jan Jan 2017

Coachella Valley Median Detached Home Price Jan Jan 2017 The Desert Housing Report Median Price $450,000 Coachella Valley Median Detached Home Price Jan 2002 - Jan 2017 $400,000 $350,000 $300,000 $250,000 $335,000 $340,000 $200,000 $150,000 CV Detached Median

More information

Aug. Aug 2018 ust 2018

Aug. Aug 2018 ust 2018 August 18 MONTHLY STATISTICS PACKAGE City of Calgary Unemployment rate slows housing market recovery 18 City of Calgary, September, 18 Easing sales, gains in new listings and elevated inventory levels

More information

Demand down with net migration

Demand down with net migration July 1 Demand down with net migration City of Calgary, August, 1 In step with City census data on declining net migration levels, housing sales activity totaled 1,71 units in July, a 1. per cent decrease

More information

Trends. Trends in Condominiums, Co-Ops and PUDs. Condominium Summary

Trends. Trends in Condominiums, Co-Ops and PUDs. Condominium Summary in Condominiums, Co-Ops and PUDs THE SAMPLE This 2012 edition reflects 2011 financial data from 2,062 properties in the United States and Canada, representing 264,084 units. Table 1 breaks down the sample

More information

August 1, Victoria Housing Market Still Finding Its Balance

August 1, Victoria Housing Market Still Finding Its Balance August, 28 PRESIDENT Kyle Kerr PRESIDENT ELECT Cheryl Woolley SECRETARY TREASURER David Langlois PAST PRESIDENT Ara Balabanian DIRECTORS Jackie Adkins Sandi-Jo Ayers Bill Ethier Karen Dinnie-Smyth Andrew

More information

December 2018 Montgomery County Market Trends Report Median sales rise slightly from 2017; Active listings increase 5.1 percent

December 2018 Montgomery County Market Trends Report Median sales rise slightly from 2017; Active listings increase 5.1 percent FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com December 2018 Montgomery County Market Trends Report Median

More information

O O ct ct ober 2017

O O ct ct ober 2017 October Status Quo for Calgary's Housing Market Prices remain similar to last year, but ease in October., November 1, 17 October s housing market conditions closely echoed previous month s trends with

More information

FOR IMMEDIATE RELEASE Contact: Brenda Morton Dulles Area Association of REALTORS

FOR IMMEDIATE RELEASE Contact: Brenda Morton Dulles Area Association of REALTORS FOR IMMEDIATE RELEASE Contact: Brenda Morton 703 777 2468 Dulles Area Association of REALTORS bmorton@dullesarea.com August 2018 Loudoun County Market Trends Report Despite persistent low inventory, sales

More information

Home sale and listing activity dip below historical averages in October

Home sale and listing activity dip below historical averages in October News Release FOR IMMEDIATE RELEASE: Home sale and listing activity dip below historical averages in VANCOUVER, BC November 2, Reduced home sale and listing activity are changing market dynamics in communities

More information

Housing market conditions continue to favour home buyers

Housing market conditions continue to favour home buyers News Release FOR IMMEDIATE RELEASE: Housing market conditions continue to favour home buyers VANCOUVER, BC March 4, The Metro Vancouver* housing market saw increased supply from home sellers and below

More information

October sales were 28.5 per cent below the 10-year October sales average of 2,700.

October sales were 28.5 per cent below the 10-year October sales average of 2,700. News Release Housing market sees slight changes in Vancouver, B.C. November 2, The Greater Vancouver housing market saw a slight increase in the number home sales, a slight reduction in the number listings,

More information

January 2019 Montgomery County Market Trends Report Average sales and new listings increase; closed sales decline

January 2019 Montgomery County Market Trends Report Average sales and new listings increase; closed sales decline FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com January 2019 Montgomery County Market Trends Report Average

More information

News Release FOR IMMEDIATE RELEASE

News Release FOR IMMEDIATE RELEASE News Release FOR IMMEDIATE RELEASE Greater Vancouver housing market trends near long-term averages as spring market approaches VANCOUVER, B.C. March 2, Closer alignment between home buyer and seller activity

More information

Victoria Real Estate Market Continues to Sizzle in Summer Months. August , Victoria, BC

Victoria Real Estate Market Continues to Sizzle in Summer Months. August , Victoria, BC Victoria Real Estate Market Continues to Sizzle in Summer Months August 16, Victoria, BC A total of 97 properties sold in the Victoria Real Estate Board region this July, an increase of per cent compared

More information

November 2018 Montgomery County Market Trends Report Median sales price reaches highest November level in 10 years

November 2018 Montgomery County Market Trends Report Median sales price reaches highest November level in 10 years FOR IMMEDIATE RELEASE Contact: Bobette Banks 301-590-8764 Director of Communications Greater Capital Area Association of REALTORS bbanks@gcaar.com November 2018 Montgomery County Market Trends Report Median

More information

January 2018 Loudoun County Market Trends Report Inventory has another record low month; home sales continue to decline compared to last year.

January 2018 Loudoun County Market Trends Report Inventory has another record low month; home sales continue to decline compared to last year. FOR IMMEDIATE RELEASE Contact: Brenda Morton 703 777 2468 Dulles Area Association of REALTORS bmorton@dullesarea.com January 2018 Loudoun County Market Trends Report Inventory has another record low month;

More information

2013 Year-End Market Report

2013 Year-End Market Report 2013 Year-End Market Report The voice of real estate in Central Virginia CAAR Member Copy Expanded Edition Charlottesville Area Year-End 2013 Highlights: Yearly home sales in Greater Charlottesville were

More information

The Canadian Real Estate Association News Release

The Canadian Real Estate Association News Release The Canadian Real Estate Association News Release Canadian home sales activity strengthens in July Ottawa, ON, August 15, 2018 Statistics 1 released today by The Canadian Real Estate Association (CREA)

More information

Dec December 2018

Dec December 2018 December MONTHLY STATISTICS PACKAGE Job market weakness and lending restrictions a common thread in s housing market, January, 19 As oversupply continues in Calgary s housing market, December prices eased

More information

New year kicks off with slow sales Jan. 2019

New year kicks off with slow sales Jan. 2019 January 19 19 MONTHLY STATISTICS PACKAGE New year kicks off with slow sales 19, February 1, 19 As economic challenges linger into 19, housing markets remain on a sluggish pace. January sales totalled 8

More information

Prescott Area Association of REALTORS

Prescott Area Association of REALTORS MARKET DATA REPORT Prescott Area Association of REALTORS Provided for the month of (928) 445-2663 3719 Karicio Lane Prescott, AZ 86303 Listings Trends The key metrics for residential inventory (single-family

More information

July home sale activity increases in Greater Vancouver

July home sale activity increases in Greater Vancouver News Release home sale activity increases in Greater Vancouver VANCOUVER, B.C. August 2, Sunny weather did not slow the pace home sale activity in. Last month was the highest selling month the year in

More information

Home sale activity improves but remains below historical averages

Home sale activity improves but remains below historical averages News Release FOR IMMEDIATE RELEASE: Home sale activity improves but remains below historical averages VANCOUVER, B.C. April 3, Lower levels both supply and demand in recent months are holding home prices

More information

News Release. Canadian home sales fall back in October Ottawa, ON, November 15, The Canadian Real Estate Association

News Release. Canadian home sales fall back in October Ottawa, ON, November 15, The Canadian Real Estate Association The Canadian Real Estate Association News Release Canadian home sales fall back in October Ottawa, ON, November 15, 2013 According to statistics 1 released today by The Canadian Real Estate Association

More information

MonthlyStatistics NOVEMBER 2017

MonthlyStatistics NOVEMBER 2017 MonthlyStatistics NOVEMBER 2017 FOR IMMEDIATE RELEASE December 1, 2017 Lack of Inventory Continues to Drive Housing Market NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that single-family

More information

February 2016 Loudoun County Market Trends Report Contracts and sales activity jump double-digits; Inventories down 15.5 percent

February 2016 Loudoun County Market Trends Report Contracts and sales activity jump double-digits; Inventories down 15.5 percent FOR IMMEDIATE RELEASE Contact: Christine Windle 703-777-2468, cwindle@dullesarea.com Sponsored by: Access National Bank Tom Ciolkosz, (703) 871-1045, tciolkosz@accessnationalbank.com Patty Foster, 703-871-1014,

More information

September 4, Victoria s Real Estate Market Simmers at the End of Summer

September 4, Victoria s Real Estate Market Simmers at the End of Summer PRESIDENT Kyle Kerr PRESIDENT ELECT Cheryl Woolley SECRETARY TREASURER David Langlois PAST PRESIDENT Ara Balabanian DIRECTORS Jackie Adkins Sandi-Jo Ayers Bill Ethier Karen Dinnie-Smyth Andrew Plank EXECUTIVE

More information

News Release FOR IMMEDIATE RELEASE:

News Release FOR IMMEDIATE RELEASE: News Release FOR IMMEDIATE RELEASE: Metro Vancouver sees fewer home sales and more listings in VANCOUVER, BC August 2, Home buyer activity returned to more typical summer levels in Metro Vancouver* last

More information

Metro Vancouver home sales surpass 4,000 for third consecutive month

Metro Vancouver home sales surpass 4,000 for third consecutive month News Release FOR IMMEDIATE RELEASE: Metro Vancouver home sales surpass 4,000 for third consecutive month VANCOUVER, B.C. June 2, It continues to be a competitive spring market for Metro Vancouver home

More information

Monthly Indicators. Monthly Snapshot. March % % 0.0%

Monthly Indicators. Monthly Snapshot. March % % 0.0% Monthly Indicators 2017 We can comfortably consider the first quarter to have been a good start for residential real estate in 2017. There was certainly plenty to worry over when the year began. Aside

More information

California Housing Market Update. Monthly Sales and Price Statistics September 2018

California Housing Market Update. Monthly Sales and Price Statistics September 2018 California Housing Market Update Monthly Sales and Price Statistics September 2018 Sales Had the Largest Decline since March 2014 California, September 2018 Sales: 382,550 Units, -3.3% YTD, -12.4% YTY

More information