Vancouver Real Estate Listings Chill

Predictable Chill

Few things in real estate are certain.

As contrast, in the world of Vancouver Real Estate nothing is as the predictable chill of declining active listings.

Further Decline

2012 witnessed a record number of homes for sale in Vancouver. At this time Total Listings are taking a dramatic drop and in the next few days will decline further than represented in the graph. Anticipated is that sellers will be lining up to market their homes beginning in mid January.

Although current market conditions suggest it is improbable those same conditions could be the market driver that pushes Total Listings in 2013 past the high total of 28,159 in 2012.

The Big Chill

The lowest active listing total in 2012 was January 3rd’s 15,453. On January 01 2013 that total sits at 19,753.

Will the markets of the three real estate boards suffer a big chill and shed 4,000 listings in the next few days? Stay tuned.

About Larry Yatkowsky

Larry is a recognized real estate expert. A veteran professional, his experienced counsel leads Vancouverites in his west side community to place their trust in a man passionate about his work. Uncompromising ethics bring a balanced approach to realizing your real estate dreams.

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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:

vangrl Says:
January 2nd, 2013 at 4:30 pm

my prediction is that we drop about 3000 listings

January 2nd, 2013 at 5:00 pm

@vangrl

Good guess. This morning it clocked in at 16,527. If it gets below 14,000 in the next couple of days I’ll get excited. :)

vangrl Says:
January 2nd, 2013 at 5:58 pm

oooh i was close! it should go up from now on though right?

January 2nd, 2013 at 8:20 pm

@vangrl

should continue to drop for a couple of days and then…..

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