The Real Estate Board of Greater Vancouver Housing Market Update for October 2011 with REBGV president Rosario Setticasi.
Tagged: Housing Market
With a sales-to-active property listings ratio of 15 per cent, the Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in that direction over the past five months.
Home sales remained at typical springtime levels on the Multiple Listing Service® (MLS®) in Greater Vancouver in May.
Housing market information originating from the Multiple Listing Service (MLS) has long been recognized as the most reliable and comprehensive data available for those looking to buy or sell a home.
Metro Vancouver’s housing market remained balanced in January amid growing signs of a strong sellers’ market returning with high demand in larger centres.
The Greater Vancouver housing market remained in balanced market conditions in January, although higher levels of buyer demand were seen in some of the regionâ€™s largest communities.
Balance and stability, two words that recently seemed foreign and unlikely, at least in reference to the Canadian Housing Industry.
The Greater Vancouver residential housing market entered three distinctive phases in 2010.
The British Columbia Real Estate Association (BCREA) reports that Multiple Listing Service® (MLS®) residential sales in the province climbed 20 per cent in November from October 2010, on a seasonally adjusted basis.
Not a single Canadian city will see house prices fall in 2011, according to a market forecast by Re/Max, as low inventories prop up prices.