MonthlyStatistics MARCH 2018
|
|
- Benjamin Russell
- 5 years ago
- Views:
Transcription
1 MonthlyStatistics MARCH 2018
2 FOR IMMEDIATE RELEASE April 3, 2018 Sales Down From 2017 But Prices Still Rising Due to Limited Inventory NANAIMO, BC Sales of single-family homes, apartments, and townhouses in the VIREB area dipped or remained static in March 2018, likely due to a combination of government policy changes, stricter mortgage qualification rules, and consumer uncertainty surrounding new provincial taxes. Last month, 399 single-family homes sold on the Multiple Listing Service (MLS ) System compared to 316 in February and 482 one year ago. The number of apartments changing hands in March decreased by 23 per cent while year-over-year townhouse sales remained static. There were 979 single-family homes for sale in March compared to 812 in February and 1,023 one year ago. The supply of apartments decreased in March, down 12 per cent from one year ago, but townhouse inventory rose by 30 per cent. The British Columbia Real Estate Association (BCREA) reports that housing sales in most B.C. jurisdictions are down compared to last year. Guideline B-20 and uncertainty surrounding new provincial taxes appear to be taking their toll on sales. Broadening the scope of the Foreign Buyer Tax to include the Regional District of Nanaimo (RDN) should not have a significant impact on the VIREB housing market. Only 4.4 per cent of RDN residential real estate transactions in 2017 involved foreign buyers. More troubling is the new speculation tax imposed on the RDN, which targets homeowners who do not pay income tax in B.C. While the provincial government did introduce exemptions for Parksville, Qualicum Beach, and the Gulf Islands, the speculation tax will still be applied in Nanaimo and Lantzville. Some REALTORS have reported that out-ofprovince buyers are feeling unwelcome and postponing their home purchases for now. Whether this outcome is short-lived or a longer-term trend is uncertain. Don McClintock, 2018 VIREB President, believes the speculation tax is a well-meaning attempt to make housing more affordable. However, while uncertainty about the tax is contributing to weaker sales this year, prices continue to rise due to a persistent lack of inventory. Instead of increasing supply, the B.C. government is concentrating on dampening demand, says McClintock. We feel that a better solution is to add more inventory, which includes streamlining the approval process for developers. On a local level, it is still a sellers market in the VIREB area. Properties in the $300,000 to $500,000 range are flying off the shelf, and multiple offers are still the norm on reasonably priced homes. For sellers, properly pricing your home is still an important factor in our area, says McClintock. Buyers are savvy, and overpriced homes take longer to sell. Connecting with a local REALTOR is especially crucial in a competitive housing market, adds McClintock. In March 2018, the benchmark price of a single-family home in the VIREB area reached $490,100, up 19 per cent from one year ago. (Benchmark pricing tracks the value of a typical home in the reported area.) The benchmark price of an apartment last month rose to $297,600, up 25 per cent board-wide from the previous year, while the benchmark price of a townhouse hit $385,600, a 24 per cent increase from March Last month, the benchmark price of a single-family home in the Campbell River area climbed to $401,500, an increase of 24 per cent over March In the Comox Valley, the benchmark price was $475,600, up 17 per cent from last year. Duncan reported a benchmark price of $426,900, an increase of 17 per cent compared to March Nanaimo s benchmark price rose 17 per cent to $528,900 while the Parksville-Qualicum area saw its benchmark price increase by 20 per cent to $554,400. The cost of a benchmark home in Port Alberni reached $276,600, up 27 per cent from one year ago
3 ABOUT VIREB VIREB represents over 1,000 REALTOR members in nearly 90 member offices on Vancouver Island (north of Victoria). VIREB cautions that average price information can be useful in establishing trends over time, but does not indicate the actual prices in centres comprised of widely divergent neighbourhoods or account for price differential between geographic areas. Trademarks are owned or controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA (REALTOR ) and/or the quality of services they provide (MLS ). Visit our website for updated information at Contact: Don McClintock, President: Kaye Broens, President-Elect: Janice Stromar, Past President: Darrell Paysen, Manager, Member Services: Or, for further localized comments, please contact: Campbell River: Chris Quinn Comox Valley: Kevin Reid Cowichan Valley: Lovina Miller Nanaimo: Janice Stromar Kaye Broens Parksville-Qualicum: Erica Kavanaugh Port Alberni-West Coast: Sandy Rantz MLS HPI Media Contact Communications Department Vancouver Island Real Estate Board communications@vireb.com
4 Backgrounder About the MLS Home Price Index On November 1 st, VIREB adopted the MLS Home Price Index (MLS HPI) as a new method of reporting price trends in the market. The MLS HPI determines the value for a typical benchmark home, which is a notional dwelling that shares a specific set of qualitative and quantitative attributes. Benchmark prices tend to be slightly lower than corresponding medians and averages The MLS HPI, based on the information entered into the MLS System at the time of sale, is the best and purest way of determining price trends in the housing market. It was pioneered by six founding partners: the real estate boards of Calgary, Fraser Valley, Montreal, Toronto, and Vancouver, and the Canadian Real Estate Association. In 2009, the partners contracted with Altus Group to develop the MLS HPI, which subsequently launched in January Others have since joined the program, with 10 partners and growing. Why an MLS Home Price Index? The MLS HPI captures and analyzes Canadian home prices based on both quantitative and qualitative housing features. Quantitative features captured by the index are, for example, number of rooms and bathrooms, living area above ground and the age of the home. Qualitative features include finished basement, if the home is new or resale, and the home s proximity to shopping, schools, transportation, hospitals and so on. The MLS HPI gauges Vancouver Island prices relative to January 2005, and tracks price trends for benchmark housing types: Single-family homes o One-storey o Two-storey Townhouses Condominium apartments The complete methodology is available at Why Does It Matter? Average and median home prices are often misinterpreted, are affected by change in the mix of homes sold, and can swing dramatically from month to month (based on the types and prices of properties that sold in a given month). The MLS HPI overcomes these shortcomings. Compared to all other Canadian home price measures, the MLS HPI identifies turning points sooner, is the most current, and is the most detailed and accurate gauge for Canadian home prices. How to Read the Tables Benchmark Price: Estimated sale price of a benchmark property. Benchmarks represent a typical property in each market. Price Index: Index numbers estimate the percentage change in price on typical and constant quality properties over time. All figures are based on past sales. In January 2005, all indices are set to 100 Month/Year change %: Percentage change of index over a period of (x) month(s) year.
5 Single-Family Home Benchmark Price
6
7 Apartment Benchmark Price
8
9 Townhouse Benchmark Price
10
11 HPI Data
12
13 MLS Sales Summary Copies of archived Statistics are available at our website. Go to and under Resources in the top menu, choose Market Statistics. You are encouraged to contact any of the Directors of the Vancouver Island Real Estate Board to obtain local comments.
14 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Average, Median, and Benchmark Price (HPI) Comparisons $550,000 $500,000 $450,000 $400,000 $350,000 $300,000 VIREB Board Area MLS Sales Single Family - Average, Median and Home Price Index Average Sale Price Median HPI Copyright 2018 VIREB $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 VIREB Board Area MLS Sales Condo (Apt) Average, Median and Home Price Index Average Sale Price Median HPI Copyright 2018 VIREB $400,000 $350,000 $300,000 $250,000 $200,000 $150,000 $100,000 VIREB Board Area MLS Sales Condo (Twnhse) - Average, Median and Home Price Index Average Sale Price Median HPI Copyright 2018 VIREB
15 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Single-Family Active Listings / Listings and Sales VIREB Board Area - Single Family Active MLS Listings Active Copyright 2018 VIREB VIREB Board Area - Total Single Family New MLS Listings and Sales Listed Sold Copyright 2018 VIREB
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 informationMonthlyStatistics FEBRUARY 2018
MonthlyStatistics FEBRUARY 2018 FOR IMMEDIATE RELEASE March 1, 2018 Buoyant Sellers Market Continues NANAIMO, BC Last month, 316 single-family homes sold on the Multiple Listing Service (MLS ) System compared
More informationMonthlyStatistics 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 informationMonthlyStatistics 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 informationMonthlyStatistics 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 informationMonthlyStatistics 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 informationMonthlyStatistics 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 informationMonthlyStatistics 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 informationMonthlyStatistics 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 informationMonthlyStatistics 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 informationMonthlyStatistics 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 informationMonthlyStatistics OCTOBER 2017
MonthlyStatistics OCTOBER 2017 FOR IMMEDIATE RELEASE November 1, 2017 Buyer Demand and Low Inventory Driving Brisk Housing Market NANAIMO, BC The Vancouver Island Real Estate Board (VIREB) reports that
More informationMonthlyStatistics 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 informationMonthly 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 informationMONTHLY 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 informationMonthly 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 informationMonthly 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 informationOctober 1, Victoria Real Estate Market Continues to Stabilize
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 informationFewer 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 informationCondominiums 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 informationNews Release FOR IMMEDIATE RELEASE:
News Release FOR IMMEDIATE RELEASE: Home buyer demand stays below historical averages in VANCOUVER, BC September 5, The Metro Vancouver 1 housing market continues to experience reduced demand across all
More informationHousing 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 informationHome listings at four-year October high as sales remain below typical levels
News Release FOR IMMEDIATE RELEASE: Home listings at four-year high as sales remain below typical levels VANCOUVER, BC November 2, Home sale activity across Metro Vancouver* remained below long-term historical
More informationHome sales down, listings up across Metro Vancouver
News Release FOR IMMEDIATE RELEASE: Home sales down, listings up across Metro Vancouver VANCOUVER, BC May 2, The Metro Vancouver* housing market saw fewer home buyers and more home sellers in. The Real
More informationHome sales remain at record levels across Metro Vancouver
News Release FOR IMMEDIATE RELEASE: Home sales remain at record levels across Metro Vancouver VANCOUVER, BC May 3, Last month was the highest selling on record for Metro Vancouver.* Residential property
More informationVANCOUVER, BC December 2, 2016 Home buyer and seller activity remains near historical averages in the Metro Vancouver* housing market.
News Release FOR IMMEDIATE RELEASE: Home sales and listings just below 10-year average VANCOUVER, BC December 2, Home buyer and seller activity remains near historical averages in the Metro Vancouver*
More informationVANCOUVER, BC March 2, 2018 Metro Vancouver* home sales dipped below the longterm historical average in February.
News Release FOR IMMEDIATE RELEASE: Home buyers were less active in VANCOUVER, BC March 2, Metro Vancouver* home sales dipped below the longterm historical average in. The Real Estate Board Greater Vancouver
More informationMetro 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 informationVictoria Real Estate Market responds as expected to the changing market conditions of 2018
PRESIDENT Cheryl Woolley PRESIDENT ELECT & TREASURER Sandi-Jo Ayers PAST PRESIDENT Kyle Kerr DIRECTORS Jackie Adkins Sheila Aujla Karen Dinnie-Smyth David Langlois Andrew Plank Graden Sol EXECUTIVE OFFICER
More informationHome 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 informationGreater 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 informationHome 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 informationLast month s sales were 28.7 per cent below the 10-year June sales average.
News Release FOR IMMEDIATE RELEASE: Home seller supply grows as demand declines VANCOUVER, BC July 4, With home sale activity dipping below long-term historical averages, the supply homes for sale in Metro
More informationDemand 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 informationOctober 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 informationNews Release FOR IMMEDIATE RELEASE:
News Release FOR IMMEDIATE RELEASE: Demand for condominiums continues to outstrip supply VANCOUVER, BC July 5, The imbalance between supply and demand in the condominium market is creating home buyer competition
More informationVictoria 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 informationSeptember 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 informationHome sale and listing activity reach historical norms in 2014
News Release FOR IMMEDIATE RELEASE: Home sale and listing activity reach historical norms in VANCOUVER, B.C. January 5, 2015 It was a typical year for the Metro Vancouver housing market in certain respects.
More informationMetro 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 informationAugust 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 informationCompetition continues to drive Metro Vancouver s housing market
News Release FOR IMMEDIATE RELEASE: Competition continues to drive Metro Vancouver s housing market VANCOUVER, B.C. September 2, Metro Vancouver* home buyers spent the summer months searching for their
More informationSteady sales and diminished listings characterize 2017 for the Metro Vancouver housing market
News Release FOR IMMEDIATE RELEASE: Steady sales and diminished listings characterize for the Metro Vancouver housing market VANCOUVER, BC January 3, 2018 After reaching record levels in 2015 and 2016,
More informationMetro 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 informationNews 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 informationNews 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 informationNews 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 informationLow 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 informationNovember 1, The Victoria real estate market s return to balance not linear, but also not unexpected
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 informationNews 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 informationLast 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 informationNews 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 informationSpring delivers greater balance to Greater Vancouver housing market
News Release FOR IMMEDIATE RELEASE: Spring delivers greater balance to Greater Vancouver housing market VANCOUVER, B.C. May 2, A closer relationship between home buyer demand and the supply homes for sale
More informationReduced 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 informationMetro 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 informationJuly 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 informationNews Release FOR IMMEDIATE RELEASE:
News Release FOR IMMEDIATE RELEASE: sales exceed historical average VANCOUVER, BC November 2, Metro Vancouver* home sales exceeded typical historical levels in with the majority concentrated in the townhouse
More informationMetro 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 informationMONTHLY 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 informationPhone: Fax: Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT. (for month ending April 30, 2014)
Phone: 519-641-1400 Fax: 519-641-1419 342 Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT (for month ending April 30, 2014) Table of Contents News Release for April 2014 3 Market Report
More informationA heated year for Metro Vancouver real estate draws to a close
News Release FOR IMMEDIATE RELEASE: A heated year for Metro Vancouver real estate draws to a close VANCOUVER, BC January 4, 2017 The Metro Vancouver* housing market had its third highest selling year on
More informationNews 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 informationLast month s sales were the second lowest February total in the region since 2001 and 30.9 per cent below the 10-year sales average for the month.
News Release FOR IMMEDIATE RELEASE: Home sales continue at below average pace VANCOUVER, B.C. March 4, Home sale activity has trended below historical averages for a full year in the Greater Vancouver
More informationNews Release FOR IMMEDIATE RELEASE:
News Release FOR IMMEDIATE RELEASE: Metro Vancouver home sales set record pace in VANCOUVER, B.C. July 3, Last month was the highest selling, and the second highest overall monthly total, on record for
More informationNews Release FOR IMMEDIATE RELEASE:
News Release FOR IMMEDIATE RELEASE: Market activity picks up in VANCOUVER, BC June 2, Home buyer activity returned to near record levels across the Metro Vancouver* housing market in. Residential property
More informationSteady trends continue in the Greater Vancouver housing market
News Release FOR IMMEDIATE RELEASE: Steady trends continue in the Greater Vancouver housing market VANCOUVER, B.C. February 4, 2014 The first month 2014 saw home sale and listing totals outpace historical
More informationNews 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 informationVictoria Real Estate Market Statistics for August Sept 1, 2017
Victoria Real Estate Market Statistics for August 27 Sept, 27 A total of 736 properties sold in the Victoria Real Estate Board region this August, 6.6 per cent fewer than the 883 properties sold in August
More informationSteady trends continue in the Greater Vancouver housing market
News Release Steady trends continue in the Greater Vancouver housing market VANCOUVER, B.C. December 3, Consistent home sale and listing activity has allowed balanced market conditions to prevail in the
More informationThe 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 informationPhone: Fax: Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT. (for month ending October 31, 2015)
Phone: 519-641-1400 Fax: 519-641-1419 342 Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT (for month ending October 31, 2015) Table of Contents News Release for October 2015 3 Market
More informationProspective 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 informationNews Release FOR IMMEDIATE RELEASE:
News Release FOR IMMEDIATE RELEASE: Spring months bring balance to Greater Vancouver housing market VANCOUVER, B.C. June 4, While the number home sales in Greater Vancouver continued to trend below the
More informationPhone: Fax: Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT. (for month ending July 31, 2017)
Phone: 519-641-1400 Fax: 519-641-1419 342 Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT (for month ending July 31, 2017) Table of Contents News Release for July 2017 3 Market Report
More informationMetro 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 informationNEW HOMES REGISTRY REPORT
December 218 British Columbia s Monthly NEW HOMES REGISTRY REPORT Leading Housing Market Indicator for B.C. Registered new homes data are a leading indicator of housing and economic 1 activity in British
More informationOctober 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 informationHome sale and listing activity continue to chart a steady path for the region s housing market
News Release FOR IMMEDIATE RELEASE: Home sale and listing activity continue to chart a steady path for the region s housing market VANCOUVER, B.C. April 2, home sales in Greater Vancouver outpaced last
More informationHome 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 informationHousing market feels the chill as oversupply continues Feb. 2019
February 19 19 MONTHLY STATISTICS PACKAGE Housing market feels the chill as oversupply continues 19, March 1, 19 The effects of Calgary s economic climate continue to create weak sales activity and elevated
More informationNews 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 informationMonthly Indicators % + 9.7% %
Monthly Indicators 2016 Percent changes calculated using year-over-year comparisons. New Listings were up 11.1 percent for single family homes and down 30.8 percent for townhouse-condo properties. Pending
More informationAug. 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 informationNew 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 informationThe 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 informationPhone: Fax: Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT. (for month ending January 31, 2015)
Phone: 519-641-1400 Fax: 519-641-1419 342 Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT (for month ending January 31, 2015) Table of Contents News Release for January 2015 3 Market
More informationPatience required in Calgary's housing market recovery Jul. 2018
July 18 MONTHLY STATISTICS PACKAGE City of Calgary Patience required in Calgary's housing market recovery 18 City of Calgary, August 1, 18 Recent struggles in the job market, accompanied by yet another
More informationThe 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 informationMONTHS OF SUPPLY AND PRICE CHANGES. Home improvement November marks a rise in sales. MONTHLY STATISTICS PACKAGE City of Calgary. Nov.
November 17 17 Home improvement November marks a rise in sales. City of Calgary, December 1, 17 The November housing market was spurred by a rise in sales, particularly in the lower price ranges. Sales
More informationWeak sales persist in Calgary and beyond Jun. 2018
June 218 MONTHLY STATISTICS PACKAGE City of Calgary Weak sales persist in Calgary and beyond 218 City of Calgary, July 3, 218 Many Canadian energyrelated municipalities within Alberta and Saskatchewan
More informationDec 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 informationHousing Bulletin Monthly Report
October 21 1 Housing Bulletin Monthly Report Housing Starts show Slight improvement in September CANADA Housing Starts 2, 15, 1, 5, Sep 8 Oct 8 Nov 8 Dec 8 Preliminary Housing Starts in Alberta and Canada
More informationAAug 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 informationPhone: Fax: Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT. (for month ending June 30, 2012)
Phone: 519-641-1400 Fax: 519-641-4613 342 Commissioners Road, W. London, Ontario N6J 1Y3 STATISTICAL REPORT (for month ending June 30, 2012) Table of Contents News Release for June 2012 3 Market Report
More informationNews 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 informationNews Release FOR IMMEDIATE RELEASE
News Release FOR IMMEDIATE RELEASE Home listings continue to rise in the Greater Vancouver housing market VANCOUVER, B.C. October 4, Consistent increases in property listings and fewer home sales over
More informationNews Release FOR IMMEDIATE RELEASE:
News Release FOR IMMEDIATE RELEASE: More supply and less demand seen across Metro Vancouer housing market VANCOUVER, BC October 2, The supply homes for sale continued to increase across the Metro Vancouer*
More informationMonthly Indicators % % %
Monthly Indicators 2016 Percent changes calculated using year-over-year comparisons. New Listings were down 27.6 percent for single family homes and 41.8 percent for townhouse-condo properties. Pending
More informationThe 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 informationA 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