Impressive
Posted November 2nd, 2009 in Real Estate, Statistics
All Together Now
Completing the story of rising prices on the West Side is Units Sold, Units Listed and Active Listings.
October’s Listing inventory dropped from Sept’s 310 to 238. The West Sides Active listings concurrently dropped from Sept’s 570 to 527.
The number of Units Sold settled in at the 3rd highest volume for the year (May 232,Aug 202) matching June’s 200.
Where’s the Meltdown
Since May’s record high the prices have continued to climb from May’s Average of $1,625,666 to October’s Average Price of $1,761,497.
Impressive for an economy that is supposed to be in the tank.
*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.
Are you going to post about the competition bureau ruling on MLS? or are you avoiding that one under orders from CREA to keep quiet, like all the offices that wouldn’t provide a comment?
Chris,
To my knowledge there isn’t a gag order.
To be clear the Bureau has not made a ruling! As with anything real estate it’s being ‘negotiated.
What may be the case for the no response, is that no one is prepared to comment due to the complexity of the issue on the table. If memory serves this discussion has been around for 5 or 6 years.
What might be a quick reasonable comment is that this is a very complicated issue dealing with the laws of agency, the potential to usurp protection of the consumer and possibly the RIGHT of a government body to control an association’s private business.
Simply – it’s not simple!