Dial 999 for Vancouver Real Estate
Posted February 8th, 2009 in Buying or Selling, Real Estate, Statistics | 
Emergency Calls
According to the Real Estate Board of Greater Vancouver this February 03, 2009:
- sales volumes in January were the lowest for that month since the early 1980s
- sales of detached, attached and apartment properties declined 58.1%
- new listings for detached, attached and apartment properties declined 20.9%
- active listings are down 6000, ringing in at 13,966
- residential benchmark prices declined 10.9%
- home sales and consumer confidence are at a low point
Dial 911 for Sales
- detached properties declined 54.4%
- benchmark price for detached properties declined 11.2%
- apartment properties declined 58 per cent
- benchmark price of an apartment property declined 11.
- attached property sales down 65.7%
- benchmark price of an attached unit declined 8.1
6%
Band Aid Prophecies
Dave Watt, the Board’s Pres. says: “Today’s short-term conditions are creating long-term opportunities. Buying opportunities have not been this strong in a decade, with low interest rates, broad selection and more affordable prices.”
Disconnect
Lately many prophecies heard, equal the phone’s onboard message – Dial 999 for Help!
Problem is, even when folks like good ol’ Dave says these things, the 1,2,3 buttons result in nothing more than a conversation with a ‘busy signal’.
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I’m always happy to answer your Vancouver Real Estate question. Call or send me an email Twitter or Skype me at YatterMatters.
Larry
*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.
