What’s in a Number?
Two of Vancouver’s divine numbers are those recorded as sales and active listings.
In 2011 Vancouver and lower mainland Active Listings hit bottom at 13,965 on January 5th. It went up as high as 25,248 on October 1, 2011.
In 2012 Vancouver and the lower mainland’s active listings hit bottom at 15,444 on January 4th – which according to my limited knowledge of Feng Shui are considered bad numbers.
By January 25, 2012 Vancouver and the lower mainland’s active listing count was 18,976. With 2012’s active listing count jump starting at 15,444, it seems within the realm of possibility that a new higher level of active listings for 2012 is in the works – one that may supersede 2011.
Fire Breathing Thought
It is the Year of the Dragon, a creature which according to Chinese tradition, is regarded as a divine beast.
Reflecting in tandem upon the current lag in Vancouver home sales and the quickly rising number of active listings it makes one wonder if in a short time new to market Vancouver homes – part of the total active listings number, will no longer be regarded as divine, but rather a ‘beast of burden.’