Greater Vancouver July, 2018 Detached/Condo Sales, Average & Benchmark Prices Update
I have changed my mind. The July Sales stats for Greater Vancouver single detached and condo sales are so spectacularly bad they deserve a brief update. All three major markers for single detached homes - sales, Benchmark and Average Sale Prices - fell across the board for the second straight month. July’s detached sales fell -16.8% month-over-month and those 637 sales stand -70.2% below peak (Mar 2016).
Friday 3 August 2018
Thursday 2 August 2018
Van - Condo Sales Data 2013-2018
Greater Vancouver January - June, 2018 Apt/Condo Sales, Average & Benchmark Prices
As detached home prices soared despite falling sales, buyers and investors moved over to condos/townhouses. The peak for condo sales occurred in March 2016 at 2252; however peak frenzy was reached when the sales-to-active-listing ratio (SALR) topped out at 94.6% in May 2017.
As detached home prices soared despite falling sales, buyers and investors moved over to condos/townhouses. The peak for condo sales occurred in March 2016 at 2252; however peak frenzy was reached when the sales-to-active-listing ratio (SALR) topped out at 94.6% in May 2017.
Tuesday 31 July 2018
Van - SDH Sales Data 2012-2018
Greater Vancouver January-June 2018 Home Sales, Average & Benchmark Prices
You would have to be living in your own bubble not to be aware of the collapse of Greater Vancouver single detached house sales. The Sunshine Coast is too close the lower mainland not to feel the repercussions of the roller coaster ride of lower mainland booms and busts. Because of this, I first posted Greater Van stats here on the blog back on October 18, 2016...and...um...I guess an update is a tad overdue.
You would have to be living in your own bubble not to be aware of the collapse of Greater Vancouver single detached house sales. The Sunshine Coast is too close the lower mainland not to feel the repercussions of the roller coaster ride of lower mainland booms and busts. Because of this, I first posted Greater Van stats here on the blog back on October 18, 2016...and...um...I guess an update is a tad overdue.
Sunday 29 July 2018
1045 Edmonds Road, Roberts Creek
A listing pic caught my attention last week. I saw it and said to myself, “Hey, I recognize you...
Tuesday 24 July 2018
SC - 2018 Stats Post #6
Sunshine Coast Single Detached Home Sales by Price Range Over $1 million
With prices rising on the SC due to supply and demand, cheap money, speculation, rising assessments, etc., homes that had been priced in the $700,000 to $999,999 were pushed into the price ranges above $1 million. This goes a long way in explaining the increase in million dollar property sales beginning April 2016.
With prices rising on the SC due to supply and demand, cheap money, speculation, rising assessments, etc., homes that had been priced in the $700,000 to $999,999 were pushed into the price ranges above $1 million. This goes a long way in explaining the increase in million dollar property sales beginning April 2016.
SC - 2018 Stats Post #5
Sunshine Coast Single Detached Home Sales by Price Range Under $1 million
Single detached home prices have risen significantly since mid-2015 when buyers/investors returned to the SC in droves. Compared to major markets (e.g. Vancouver, Toronto), house prices back then on the SC must have caused eyes to pop - they looked so cheap by comparison.
Single detached home prices have risen significantly since mid-2015 when buyers/investors returned to the SC in droves. Compared to major markets (e.g. Vancouver, Toronto), house prices back then on the SC must have caused eyes to pop - they looked so cheap by comparison.
Sunday 22 July 2018
SC - 2018 Stats Post #4
Sunshine Coast Single Detached Home Sales January-June 2018
I will be keeping explanations and comments to a minimum since most tables and charts are labelled well.
I will be keeping explanations and comments to a minimum since most tables and charts are labelled well.
SC 2018 Stats Post #3
Sunshine Coast BC January - June 2018 Real Estate Sales - All Types
As mentioned in the previous 2018 stats posts, I had hoped to being posting in May; however, those plans fell through, so this post covers 6 months in two parts. Post #3 looks at all sales on a month-to-month and year-over-year basis. It then shows the distribution of these sales within the SC market areas.
As mentioned in the previous 2018 stats posts, I had hoped to being posting in May; however, those plans fell through, so this post covers 6 months in two parts. Post #3 looks at all sales on a month-to-month and year-over-year basis. It then shows the distribution of these sales within the SC market areas.
Tuesday 17 July 2018
SC - 2018 Stats Post #2
Sunshine Coast BC January - June 2018 “$1 million Plus” SDH Sales
I had hoped to begin posting 2018 stats back in May, but those plans fell through. So, these $1mill+ property sales stats are in two parts: pre-May and post-May. The chart and tables are fairly straightforward; however, there is an explanatory note below the first image in regards to the large data table.
I had hoped to begin posting 2018 stats back in May, but those plans fell through. So, these $1mill+ property sales stats are in two parts: pre-May and post-May. The chart and tables are fairly straightforward; however, there is an explanatory note below the first image in regards to the large data table.
Monday 16 July 2018
SC - 2018 Stats Post #1
Sunshine Coast BC January - June 2018 Land Sales
I had good intentions to start posting 2018 stats in May, but it didn’t happen. So, in addition to January - April data, I’m tacking on May -June sales. The tables and charts are straightforward and need little explanation.
I had good intentions to start posting 2018 stats in May, but it didn’t happen. So, in addition to January - April data, I’m tacking on May -June sales. The tables and charts are straightforward and need little explanation.
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