Vancouver West Apartments
April Statistics
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.
The News Release extols April 2016 as the highest selling April on record.
Last month compared to the previous April Metro Vancouver residential sales climb 14.4 percent. Unprecedented and intense demand for detached, attached and apartment homes continues to quickly outstrip supply so that although the inventory of new listings last month is 3.9 percent higher than April 2015, the total inventory of listed properties is down by 39.3 percent year to year. Composite value is up 25.3 percent April to April.
The graph measures a 6.2 percent decrease from March to April in the monthly average condominium sale price for Greater Vancouver. Year to year the overall benchmark price for apartments is up 20.6 percent. The volume of condo sales last month compared to April 2015 rises 33.4 percent.
April 2016 versus April 2015 the benchmark price for west side apartments is 25.4 percent higher. Vancouver west condo sales increase by 15 percent year to year. April to April inventory of west side condos is down 10 percent.
From March to April, Vancouver west apartment sales deflate 18.3 percent. West side condo inventory increases 0.9 percent month to month.
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.
The News Release extols April 2016 as the highest selling April on record.
Last month compared to the previous April Metro Vancouver residential sales climb 14.4 percent. Unprecedented and intense demand for detached, attached and apartment homes continues to quickly outstrip supply so that although the inventory of new listings last month is 3.9 percent higher than April 2015, the total inventory of listed properties is down by 39.3 percent year to year. Composite value is up 25.3 percent April to April.
The graph measures a 6.2 percent decrease from March to April in the monthly average condominium sale price for Greater Vancouver. Year to year the overall benchmark price for apartments is up 20.6 percent. The volume of condo sales last month compared to April 2015 rises 33.4 percent.
April 2016 versus April 2015 the benchmark price for west side apartments is 25.4 percent higher. Vancouver west condo sales increase by 15 percent year to year. April to April inventory of west side condos is down 10 percent.
From March to April, Vancouver west apartment sales deflate 18.3 percent. West side condo inventory increases 0.9 percent month to month.