Mike’s Blog for Home Sellers

January 2017 Real Estate Board of Greater Vancouver Statistics Package with Charts and Graphs

January 2017 Rebgv Statistics Package Mike Stewart Vancouver Realtor from Mike Stewart Metro Vancouver housing market off to a quieter start than last year Home sales and listings trends are below long-term averages in the Metro Vancouver* housing market. This is due largely to reduced activity in the detached home market. Residential property sales in the region totalled 1,523 in January 2017, a 39.5 per cent decrease from the 2,519 sales recorded in January 2016 and an 11.1 per cent decrease compared to December 2016 when 1,714 homes sold. Last month’s sales were 10.3 per cent below our 10-year January… Find out more

December 2016 Real Estate Board of Greater Vancouver Real Estate Statistics Package with Charts & Graphs

December 2016 rebgv statistics package mike stewart vancouver realtor from Mike Stewart A heated year for Metro Vancouver real estate draws to a close The Metro Vancouver housing market had its third highest selling year on record in 2016, behind only 2015 and 2005. Sales of detached, attached and apartment properties in the region reached 39,943 in 2016, a 5.6 per cent decrease from the 42,326 sales recorded in 2015, and a 20.6 per cent increase over the 33,116 residential sales in 2014. “It was an eventful year for real estate in Metro Vancouver. Escalating prices caused by low supply… Find out more

November 2016 Real Estate Board of Greater Vancouver Statistics Package with Graphs & Charts

November 2016 REBGV Stats Mike Stewart Vancouver Realtor from Mike Stewart   Home sales and listings just below 10-year average Home buyer and seller activity remains near historical averages in the Metro Vancouver housing market. Residential home sales in the region totalled 2,214 in November 2016, a decrease of 0.9 per cent from the 2,233 sales recorded in October 2016 and a decrease of 37.2 per cent compared to November 2015 when 3,524 homes sold. Last month’s sales were 7.6 per cent below the 10-year sales average for the month. “While 2016 has been anything but a normal year for… Find out more

October 2016 Real Estate Board of Greater Vancouver Statistics Package with Charts

October 2016 REBGV Statistics Package Vancouver BC Mike Stewart Realtor from Mike Stewart Home sale and listing activity dip below historical averages in October Reduced home sale and listing activity are changing market dynamics in communities across Metro Vancouver*. Residential property sales in the region totalled 2,233 in October 2016, a 38.8 per cent decrease from the 3,646 sales recorded in October 2015 and a 0.9 per cent decrease compared to September 2016 when 2,253 homes sold. Last month’s sales were 15 per cent below the 10-year October sales average. “Changing market conditions compounded by a series of government interventions… Find out more

August 2016 Real Estate Board of Greater Vancouver Statistics Package with Charts & Graphs

August 2016 REBGV Stats from Mike Stewart Metro Vancouver home sales return to typical August levels VANCOUVER, BC – September 2, 2016 – For the second straight month, home buyer demand in Metro Vancouver* moved off of the record-breaking pace seen earlier this year and returned to more typical levels. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver totalled 2,489 in August 2016, a decline of 26 per cent compared to the 3,362 sales in August 2015; 10.2 per cent less than the 2,771 sales in August 2014; and one per cent… Find out more

July 2016 Real Estate Board of Greater Vancouver Statistics Package with Charts

July 2016 rebgv statistics package mike stewart vancouver realtor from Mike Stewart Home sales move off of record-breaking pace in July Metro Vancouver* homes sales resembled more typical levels in July. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 3,226 in July 2016, a decrease of 18.9 per cent from the 3,978 sales recorded in July 2015 and a decrease of 26.7 per cent compared to June 2016 when 4,400 homes sold. This is the first time since January that home sales in the region have registered below 4,000 in a… Find out more