Vancouver west apartments January
January statistics
Attached please find the latest statistics from the Greater Vancouver Real Estate Board.
January 2016 notes no let up in the record level of Buyer activity for Metro Vancouver. But that demand is frustrated by a short supply so pressure on prices remains unrelenting. Last month compared to the previous January residential sales are up 31.7 percent. The inventory of new listings last month is 6.2 percent lower than January 2015 and the total supply of listed properties is down by 38.6 percent year to year. Composite value is up 20.6 percent January to January.
The graph measures a 3.8 percent increase from December to January which illustrates a real recover in the monthly average condominium sale price for Greater Vancouver. Year to year the overall benchmark price for apartments is up 15.9 percent. The volume of condo sales last month compared to January 2015 rises 35.5 percent.
Comparing January 2016 to January 2015 the benchmark price for west side apartments is 20.5 percent higher. Vancouver west condo sales increase by 31.7 percent year to year. January to January inventory of west side condos is up 6.1 percent.
From December to January Vancouver west apartment sales drop 8.5 percent. West side inventory really starts mounting however with a 152.4 percent increase.
Attached please find the latest statistics from the Greater Vancouver Real Estate Board.
January 2016 notes no let up in the record level of Buyer activity for Metro Vancouver. But that demand is frustrated by a short supply so pressure on prices remains unrelenting. Last month compared to the previous January residential sales are up 31.7 percent. The inventory of new listings last month is 6.2 percent lower than January 2015 and the total supply of listed properties is down by 38.6 percent year to year. Composite value is up 20.6 percent January to January.
The graph measures a 3.8 percent increase from December to January which illustrates a real recover in the monthly average condominium sale price for Greater Vancouver. Year to year the overall benchmark price for apartments is up 15.9 percent. The volume of condo sales last month compared to January 2015 rises 35.5 percent.
Comparing January 2016 to January 2015 the benchmark price for west side apartments is 20.5 percent higher. Vancouver west condo sales increase by 31.7 percent year to year. January to January inventory of west side condos is up 6.1 percent.
From December to January Vancouver west apartment sales drop 8.5 percent. West side inventory really starts mounting however with a 152.4 percent increase.