VANCOUVER EAST JANUARY TOWNHOME MARKET
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.
The News Release notes that to start the year, Sellers are now providing the momentum. January to January newly listed properties are up 46.9 percent. The total inventory is now 33.1 percent higher than January 2024. Meantime Buyers remain active this January, which recorded an 8.1 percent rise in residential sales compared to last January. With sales and listings in equilibrium, the year to year composite value of all properties is only 0.5 percent higher.
From December to January the graph shows prices for attached units in Metro Vancouver decline 2.6 percent. Last month compared to January 2024, the benchmark townhouse price appreciates 2.7 percent. Year to year townhouse sales volume is 12.6 percent higher.
Last month compared to January 2024 Vancouver east townhouse prices see a lift of 7.4 percent. Year to year attached unit sales fall 8.3 percent. From January to January inventory is 37.3 percent higher.
From December to January east side attached sales are up 14.6 percent. Month to month attached inventory expands 294.5 percent.