Friday’s Facts Vancouver West

Posted February 23rd, 2008 in Real Estate, Statistics | Bookmark and Share

The Vancouver Real Estate market just keeps bumping along. The “Chicken Little” types are out in full force calling for a drop. This week is not showing any major change but you never know when an egg will be laid.

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This week’s numbers

  • New listings below last year’s number by -7.0%.
  • The total number of listings is up by 15.0% from last year.
  • Units sold is down by 31.0% from this time last year.
  • The Average price is up from last year.

50/50 Guesstimate

With the number of units being sold below last year’s record high and a higher inventory of product available we may start to see some price reductions taking place in the weeks ahead. The average price might drop a bit.

Got a Vancouver Real Estate question? I’ll do my best to answer it. Call or send me an email.

Larry

Permalink | Comment On This Post | Bookmark and Share

Search for your home here. It’s lot easier than other places I can’t mention and you can see the home via Google street view. . Use Walkability to determine the availability of those neighbourhood services most important to you. Don’t be shy, tell your friends who are looking to stop by and give it a whirl. They will love you even more. :)

If you would like something more personal that is specific to your budget and needs, give me a shout. Let’s talk and I’ll set you up with a custom search delivered daily to your in box.

Of course, if you got some questions I’m around for that too.

Thinking of Buying or Selling your Vancouver home? Put on a cup of coffee and let’s talk.

*Disclaimer: Statistics Courtesy REBGV. While believed to be accurate they are not guaranteed.

**Numbers provided may vary as they are dynamically posted by the REBGV.

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Larry Yatkowsky

Larry Yatkowsky

Amex Broadway West Realty Inc. 201-1055 broadway w vancouver, bc, ca v6h 1e2 Tel Fax

 
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