Vancouver East Apartments
June 2016 statistics
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.
The News Release notes that March through June in Greater Vancouver more homes have been listed for sale than in any other four month period since 2010. Never the less, supply does not balance with demand and Buyers continue competing to become owners. New listings of all property types increase 1.2 percent year to year but the total inventory of listed properties is down by 35.9 percent last month compared to June 2015. Metro Vancouver residential sales rise 0.6 percent year to year. Composite value is up 32.1 percent June to June.
The graph measures a 0.6 percent dip from May to June in the monthly average condominium sale price for Greater Vancouver. Year to year the overall benchmark price for apartments is up 25.3 percent. The volume of condo sales last month compared to June 2015 rises 18.8 percent.
Vancouver east apartment prices in June 2016 versus the previous June are up by 26.8 percent. East side condo sales last month are 7.5 percent lower than the volume set in June 2015. Condo inventory on the east side is down 22.6 percent year to year.
Last month versus May 2016 east side apartment sales turn around via a 1.1 percent rise. Month to month Vancouver east inventory drops off 22 percent.
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.
The News Release notes that March through June in Greater Vancouver more homes have been listed for sale than in any other four month period since 2010. Never the less, supply does not balance with demand and Buyers continue competing to become owners. New listings of all property types increase 1.2 percent year to year but the total inventory of listed properties is down by 35.9 percent last month compared to June 2015. Metro Vancouver residential sales rise 0.6 percent year to year. Composite value is up 32.1 percent June to June.
The graph measures a 0.6 percent dip from May to June in the monthly average condominium sale price for Greater Vancouver. Year to year the overall benchmark price for apartments is up 25.3 percent. The volume of condo sales last month compared to June 2015 rises 18.8 percent.
Vancouver east apartment prices in June 2016 versus the previous June are up by 26.8 percent. East side condo sales last month are 7.5 percent lower than the volume set in June 2015. Condo inventory on the east side is down 22.6 percent year to year.
Last month versus May 2016 east side apartment sales turn around via a 1.1 percent rise. Month to month Vancouver east inventory drops off 22 percent.