Months of Inventory is one measure to determine how West Vancouver‘s real estate market is doing! MOI or Months of Inventory is a measure of how fast all the actively listed property types on the market last. You simply divide, at the end of a month, the number of active listings by the number of…
Name of the game was moderation this past July. Metro Vancouver’s housing market saw more moderate sales, listings and pricing trend. REALTOR®s registered 3,326 sales in July this year. That’s a +6 increase over last year and +13% over the 10 year average for the month. On the supply side the Sellers listed 4,377 homes…
In West Vancouver, there were 54 sales in the month of July. The sales to new listings ratio was 46% which represents a balanced market. For July 2021, the sales to total active listings percentage was 12%, a decrease from 13% in July 2020. Sales for July 2021 were the same as for July 2020.…
In West Vancouver, there were 60 sales in the month of May. The sales to new listings ratio was 31% which represents a buyer’s market. For May 2021, the sales to total active listings percentage was 13%, an increase from 7% in May 2020. Sales for May 2021 were up by 33 units compared to…
The British Columbia Real Estate Association (BCREA) reports that a total of 13,683 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2021, an increase of 312.3 per cent over April 2020 when the onset of the COVID-19 pandemic prompted a lockdown of the provincial economy. The average MLS® residential price…
Home sales and new listings set record set highs for Metro Vancouver housing market in April. With our market reaching these new levels and with the continued safety risks that Covid-19 poses, REALTOR®s have been focused this Spring on helping their clients making sound and responsible buying and selling decisions while continuing to strictly follow…
In North Vancouver total November sale numbers increased for most North Vancouver property types from November 2019: Houses up +20.5%, Condos up +28% and, Townhomes 0.0%. The MLS® HPI Benchmark Price was up for all property types: Houses up +11.6%, Condos up +7.3% and, Townhomes up 10.1%. The supply of property types are a critical…
