Tiny Bubbles
Posted March 12th, 2010 in Real Estate, Sharing the Experience, Statistics | 
Daily Bang
Sometimes things pop up in Vancouver’s real estate that just simply defies explanation. Such was the case this week with the daily numbers.
Bright Monday
It was then that the first nuance that something was happening first occured. The New Listings number shot up to 115 while the Units Sold seemed to acquire a shiny new pair of cement boots.
Sunny Tuesday
Excitement was unbounded in some circles bearing classic comments that declared ipso facto that the market was crashing or at a minimum, about to crash.
Cloudy Wednesday
A dark cloud appeared on Wednesday as the number of daily New Listings dropped and Units Sold increased. To some it was a foreshadowing while others, viewed it as the market ‘catching its breath’.
Thursday Twin
Another day passed and Wednesday’s cloud darkened. New Listings continued to decrease as Unit Sales more than doubled from Monday’s low.
TGIF
Reaching highs and falling back, the week settled out to what it is – normal. It was a fun week that made some folks happy and others not so much. It was a week that made some people pour a drink as they considered the wonder of it all.
It was a week of days reminicent of this song.
yup, the trend is still uncertian. Bearishly tilted at the moment, but uncertian.
Remember…the trend is your friend. And mine, too.
If you’re gauging the entire REBGV market based upon what is only happening in Vancouver, then Vancouverites are even more insular than I thought.
There IS a world beyond Boundary Rd, y’know. And it ain’t lookin’ pretty.
@Boombust -
the presumption is that you are responding to PostOBlues – correct?
Boombust
I dont think anyone implied that there wasnt a world outside vancouver proper. For someone looking to buy there these are really the only numbers that really matter.
Hi Larry
your entry for march 12 for vancouver is:
Vancouver East & West*
New Listings – 81
Back On Market Listings – 0
Price Changes – 22
Sold Listings – 46
While the graph shows 74 new listings – what I am missing ?
Thanks for sharing the data.
@asalvari
you are not missing anything. I had explained this problem in an earlier comment.
from the time I build the graph to the time I publish it these numbers change.
You’ll notice the time stamp at the bottom.
While I am a quick as lightening
Only month end numbers are locked down.
Everything else is dynamic – when viewing any of REBGV’s numbers you must keep this in mind
There are agents using “Broker Load” at any time of the day and so when they click enter the numbers change.
As business commitments permit the goal is to post the numbers around 6 pm when the board is closed.
It is however, impossible to control when Realtors are entering data.
Hope that helps unconfuse the confusion.