Vancouver Real Estate Listings Chill
Posted January 1st, 2013 in Real Estate, Statistics | 
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.
my prediction is that we drop about 3000 listings
@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. 🙂
oooh i was close! it should go up from now on though right?
@vangrl
should continue to drop for a couple of days and then…..