Housing Market Update Video

Monthly Video Update

From our friend Cam’s desk is BCREA’s provincial and Vancouver real estate market update.


“Copyright British Columbia Real Estate Association. Reprinted with permission.”

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*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:

November 15th, 2012 at 9:26 pm

Take a look at the graphs in the following link to get a real picture of sales activity. The Vancouver sales numbers were skewed quite a bit lower for September (only 19 business days) and that made October sales look a lot better than they actually were.

Infact, September was 80 sales per business day while October was 84, when adjusted for business days.


November 15th, 2012 at 9:53 pm


In Addition: –

“Robert Kavcic of BMO Nesbitt Burns smoothed the numbers of September and October to find that sales in that period were down 8.1 per cent from a year earlier, which is “a more realistic representation of a housing market that has softened since mortgage rules were tightened again in July.”


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