Vancouver west detached market
15 November statistics
Attached please find the latest statistics from the Greater Vancouver Real Estate Board.
The News Release heralds last month as being far from its annual definition of lethargy and actually recording the second most active November ever in Metro Vancouver. November 2015 compared to the previous November residential sales post an increase of 40.1 percent. The inventory of new listings last month is 12.5 percent higher than November 2014 yet the total supply of listed properties is down by 35 percent year to year. Composite value is up 17.8 percent November to November.
The graph shows a minor ebb in the average price of Greater Vancouver detached properties which decreased 0.3 percent from October to November. The benchmark price for detached houses last month compared to November 2014 is up 22.6 percent. The volume of house sales increases by 31.9 percent year to year.
This November compared to November 2014 Vancouver west detached prices are 23.2 percent higher. Year to year west side detached sales increase a healthy 32.4 percent. November to November inventory rises 27.6 percent.
October to November sales of west side houses increase by a modest 1.2 percent. Month to month detached inventory dips down 22.8 percent.
Attached please find the latest statistics from the Greater Vancouver Real Estate Board.
The News Release heralds last month as being far from its annual definition of lethargy and actually recording the second most active November ever in Metro Vancouver. November 2015 compared to the previous November residential sales post an increase of 40.1 percent. The inventory of new listings last month is 12.5 percent higher than November 2014 yet the total supply of listed properties is down by 35 percent year to year. Composite value is up 17.8 percent November to November.
The graph shows a minor ebb in the average price of Greater Vancouver detached properties which decreased 0.3 percent from October to November. The benchmark price for detached houses last month compared to November 2014 is up 22.6 percent. The volume of house sales increases by 31.9 percent year to year.
This November compared to November 2014 Vancouver west detached prices are 23.2 percent higher. Year to year west side detached sales increase a healthy 32.4 percent. November to November inventory rises 27.6 percent.
October to November sales of west side houses increase by a modest 1.2 percent. Month to month detached inventory dips down 22.8 percent.