Vancouver west houses
2015 statistics 1
Attached please find the latest statistics from the Greater Vancouver Real Estate Board.
The News Release describes a brisk start to 2015. Above average sales of a detached house supply straining to meet the current healthy demand is putting upward pressure on prices. Composite value for Greater Vancouver homes last month versus the previous January is up 5.5 percent. Residential sales increase 8.7 percent January to January. The inventory of new listings drops 11.4 percent last month compared to January 2014 while the total supply of properties for sale falls by 14.2 percent year to year.
The graph shows a short term relaxation in the average price of Greater Vancouver detached houses which decline 3.1 percent from December to January. Last month compared to January 2014 there is an 8.4 percent increase for detached benchmark prices. Year to year the volume of house sales logs a 7.3 percent increase.
January 2015 compared to last January Vancouver west detached prices are 9.6 percent higher. However last month west side detached sales continue their recent trend via a year to year decline, this time by 14.5 percent. January to January inventory is down 31.7 percent.
December to January sales of west side houses register a 1 percent increase. Meantime month to month inventory is way up by 178 percent.
Attached please find the latest statistics from the Greater Vancouver Real Estate Board.
The News Release describes a brisk start to 2015. Above average sales of a detached house supply straining to meet the current healthy demand is putting upward pressure on prices. Composite value for Greater Vancouver homes last month versus the previous January is up 5.5 percent. Residential sales increase 8.7 percent January to January. The inventory of new listings drops 11.4 percent last month compared to January 2014 while the total supply of properties for sale falls by 14.2 percent year to year.
The graph shows a short term relaxation in the average price of Greater Vancouver detached houses which decline 3.1 percent from December to January. Last month compared to January 2014 there is an 8.4 percent increase for detached benchmark prices. Year to year the volume of house sales logs a 7.3 percent increase.
January 2015 compared to last January Vancouver west detached prices are 9.6 percent higher. However last month west side detached sales continue their recent trend via a year to year decline, this time by 14.5 percent. January to January inventory is down 31.7 percent.
December to January sales of west side houses register a 1 percent increase. Meantime month to month inventory is way up by 178 percent.