- home sales down -39.8%,
- new listings down -38.1% and
- the average price of homes sold down -2.6% across Canada from May 2019.
On the one hand, both sales and new listings were up on a seasonally adjusted basis in May compared to April—57% for sales and 69% for new listings—huge percentage increases, albeit from a very low starting point.
On the other hand, sales and new listings are still historically very low at ...
For a closer look the May 2020 benchmark price compared to last year and the past month, long term projections for the real estate market and real estate facts and trends click on the monthly ‘Market Insights’ video ...
The uncertainty of the covid situation has limited April listing and sale activity.
You might be thinking how much is listing and sale activity compared to from last year or last month?
We know home prices are driven by supply and demand.
You may be questioning where are home prices if supply and demand are down?
Take a closer by watching the video below to learn just how much home sales and list ...
However market demand levelled off as the month went on because of concerns of the covid-19 outbreak intensified.
At first glance March market numbers are deceiving. Learn more about March real estate market insights in the video below:
Learn more in the video below how much demand has improved year-over year in February, how home sales struggled to keep pace, what the sales-to-active listings ratio is suggesting re type of market if sustained for a period of time, and the trend of prices.
Home sale and price activity remain steady in Metro Vancouver to start 2020 while home listing activity declined in January.
Realtors registered 1,571 sales on our regions MLS in January. This is +42% above last year’s January total and about -7% below our 10 year average for the month.
Looking at supply we are seeing few homes listed for sale than is typical for this time of the year.
The Metro Vancouver housing market experienced below average home sale activity in 2019. As well, moderate price declines. Here is a closer look!
Realtors helped their client’s sell 25,351on MLS last year. This is a +3% increase from 2018 and -20% below the 10 year average. However, the total number of sales only tells part of last years story. Our market did not follow typical seasonal ...
With homebuyer demand below our long term historical averages in June, the supply of homes for sale in Metro Vancouver continue to accumulate.
REALTOR®’s registered 2,077 home sales on MLS® in June. The lowest sales total for the month since 2000. This is a decrease -21% over last month and -35% below our 10 year June sales average.
On the supply side 4, 751 homes were new listed for sale ...