Tagged: Residential Sales

Housing Market Recovers from Summer Doldrum

Housing Market Recovers from Summer Doldrum

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.

MLS stats show more sales, fewer property listings in November

MLS stats show more sales, fewer property listings in November

Greater Vancouver residential home sales improved in November compared to the previous four months, with the number of sales posted on the Multiple Listing Service® (MLS®) coming in slightly higher than the 10-year average for that month.

Home sales rise in November as stable market continues

Home sales rise in November as stable market continues

Home sales in Metro Vancouver and the Fraser Valley improved modestly in November over the previous four months, representing a relatively stable market, according to two real estate surveys released Thursday.

Home sales remain steady in Greater Vancouver

Home sales remain steady in Greater Vancouver

Greater Vancouver home sales have remained steady over the past four months, indicating stability in the residential housing market. With the MLS® sales to active listing inventory ratio indicating a buyers’ market, properties appropriately priced are selling.

Buyer’s market conditions continue in Greater Vancouver

Buyer’s market conditions continue in Greater Vancouver

Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining.

The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,202 in August 2010. This represents a 36 per cent decline from the 3,441 sales in August 2009, the second highest selling August ever recorded, and a 2.4 per cent decline compared to July 2010.