4th Down

Four Downs

American football, that game where big guys beat each other up as they chase a leather ball to and fro on an open field has I’m told, 4 downs.

I always wondered from where the ‘down’ part of the game originated. Apparantly, in 19th century rugby, it meant that the ball became dead on the field of play by mutual consent of the opponents.

Wondering at other possibilities – what if both sellers and buyers of Vancouver real estate agreed that the market was dead and agreed as did football players of yesteryear to ‘have it down’.

Some opinions want the market to be dead. Those that want the play to stop have been shouting ‘down’ for some time. Continuing the LAPS series, one might conclude that they held influence over Vancouver’s apartments which according to ‘American’ football rules managed four downs in August.

Vancouver Apartment Units Listed

Units Listed are down. They hit the field at 1,683, a drop from April’s high of 3,249 and July’s 1,792.

Vancouver Apartment Units Sold

Apartments sold are down. These slammed into the turf in August with a count of 936, dropping from July’s 979 units sold.

Vancouver’s Apartment Active Listings

Active Listings are down. August’s 6,493 units have come to a stop on the line from July’s 6,913.

Vancouver’s Apartment Average Price

Apartment’s Average price are down. $443,100 was recorded July, August prices slid past the post to $430,598.

Field Goal

It seems the buyer team has bigger players than the sellers. Perhaps September will see a field goal attempt.

**A correction was made to this post as avid fans informed that Canadian football only has 3 downs – seems unfair!

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.

Reader Comments:

specialfx3000 Says:
September 4th, 2010 at 10:10 am

Larry, Canadian football has 3 downs.

The Americans have 4.

September 4th, 2010 at 10:49 am

@special
what a ‘downer’! :)

well… it’s clear football is not my specialty. I’m much better at selling houses.

MH Says:
September 4th, 2010 at 5:25 pm

Sometimes I wish there weren’t so many transactions costs in real estate, boy is it easy to forecast the short term sometimes. Any given month that listings are down and sales are up (I know I’m not re-inventing the wheel) the market goes on to rally for several months.

Let’s hope this chart of August shows listings down and sales up (from some of the stats I look at there is a possibility) which will lead to a nice rally into winter.

September 4th, 2010 at 6:26 pm

@mh
agreed and then there are taxes and more taxes to acquire a property it is rediculous. I once added up the paper that is generated by all parties associated with each transaction and the number of people who touch that paper. It’s mind boggling. As I remember, my deals alone probably used all the trees in Stanley Park.

specialfx3000 Says:
September 4th, 2010 at 6:42 pm

“it’s clear football is not my specialty.”

But Larry, aren’t you one of the 3 in the picture?

September 4th, 2010 at 7:18 pm

@special

nope – those guys look like they know what they are doing