End Of 2011 Market Update

January 2012 Update

Selection of properties broaden and demand eases to kick off 2012 in the Greater Vancouver housing market
Sales of detached homes in Greater Vancouver see a decline of 16.9% comparing only January 2011 and January 2012.  Overall Greater Vancouver properties are up 5.7% from January 2011 to January 2012.    

NORTH VANCOUVER STATISTICS

Detached Homes Benchmark Price $957,800

1 year change +11.0%
3 year chang... read more.

December 2011 Housing Market Update

The beginning of 2011 Greater Vancouver housing market began extremely busy and concluded with balance between seller supply and buyer demand.  
Here are the highlights:

• Reported total sales of all properties for 2011 in Greater Vancouver were 5.9% increase from 2010.
• Home sale total in 2011 was 6.3% below the 10 year average.
• The number of homes for sale 2011 increased 2.7% over 2010
• The listing total... read more.

October 2011 Real Estate Update

According to the Real Estate Board of Greater Vancouver housing market continues to hover at the lower end of a balanced market and has been trending in the direction over the past 5 months. October sales for Greater Vancouver ranked the 2nd lowest total for October over the last 10years. At the moment buyers have a good selection of properties to choose from and more time to make a decision on it... read more.

September 2011 Real Estate Update

HOME LISTINGS CONTINUE TO RISE IN THE GREATER VANCOUVER HOUSING MARKET

Consistent increases in property listings and fewer home sales over the summer months has helped move the Greater Vancouver housing market into the upper end of a buyers market.
Out of the 204 North Vancouver detached homes listed; just 39% sold and out of the 196 apartments listing 24% sold in Sept 2011. 
In West Vancouver there... read more.

August 2011 Real Estate Update - Balanced Market

August marked the 3rd consecutive month that home sale activity in Greater Vancouver was below the 10-year average for the month. However home listing activity in the region has exceeded the 10-year norm every month since the beginning of the year.

MLS statistics continue to indicate that we're in a balanced market.  Greater Vancouver is trending toward a buyers market over the past 3 months.

In Nort... read more.

News Release August 2011

JULY 2011 - Stats from the Real Estate Board of Greater Vancouver (North Vancouver and West Vancouver) 

NORTH VANCOUVER STATISTICS

Single family home benchmark price $939,613
1 year change up 2.9%
3 year change up 6.3%
5 year change up 25%

Town home benchmark price $670,360
1 year change up 11.0%
3 year change up 12.3%
5 year change up 28.7%

Apartments benchmark price $394,182
1 year change up 3%
3 year chan... read more.