Housing supply up, home sales and prices down in June.


With home buyer demand below long term historical averages, the supply of homes continued to accumulate in Metro Vancouver.


The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4% decrease from the 2,425 sales recorded in June 2018, and a 21.3% decrease from the 2,638 homes sold in May 2019.


Last month's sales were 34.4% below the 10-year June sales average.

This is the lowest total for the month since 2000.

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North Vancouver April 2019 Infographics


                    Total Active Listings            Sales

April 2018                676                                214

April 2019              1,016                               146

                              +50.3%                          -31.8%


Detached Properties

Total Listings   447     Sales   53     Benchmark Price  $1,499,400 (down 12%)


Top Neighbourhood by Sales:   Canyon Heights NV


Townhomes

Total Listings    140     Sales   29     Benchmark Price  $957,700


Top Neighbourhood by Sales:    Central Lonsdale


Condominiums

Total Listings    429     Sales   64     Benchmark Price   $567,500


Top Neighbourhood by Sales:     Lower Lonsdale

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North Vancouver March 2019 Infographics


DETACHED PROPERTIES:

Total Active Listings: 393  up 9.5%

Sales: 70 - up 7.7%

Average Days on Market: 35 - down 10.3%

BENCHMARK PRICE: $1,502,600

Top Neighbourhood by Sales: LYNN VALLEY


CONDOMINIUMS

Total Active listings: 348   up 138.4%

Total Sales: 73     down 37.6%

Average days on Market:  35   up 150%

BENCHMARK PRICE:   $567,000

Top Neighbourhood by Sales: LOWER LONSDALE


TOWNHOMES

Total Active listings:  122   up 105.1%

Sales:  21   down 27.6%

Average days on Market:  27   up 35%

BENCHMARK PRICE: $952,700

Top neighbourhoods by sales:  

CENTRAL LONSDALE

LYNNMOUR





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Spring Maintenance Checklist


For month's you've been looking out the window waiting for spring and it's finally here!


If you are planning on selling your house this spring, make sure you check these 10 maintenance items off your list.

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North Vancouver February 2019 Infographics


Total active listings  804  - up 47.8% from last February, 2018


Total sold listings   164    - down 26.8% from February, 2018


Average days on market  27  - up 35% from last year


Benchmark price  $561,800  - down 4.7% from last year


Top neighbourhood by sales:   LOWER LONSDALE

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Here are the sales numbers for West Vancouver for February 2019


Detached homes sales are down 16.7%


Condos sales are down 10.8%


What does this tell us?


Right now it is a buyers market in West Vancouver.  (See the chart at the very bottom of the page)

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The real estate numbers are out for February 2019 for Burnaby North.


                                  Benchmark Price               Year over Year change


Detached Properties          $1,400,800                        -8.6%


Condos                                  $599,900                       -6.6%


Townhomes                           $715,300                       -4.9%


Now a buyers market for Townhomes and Detached Properties

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.