Eddie Yan

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 1,577 on the Multiple Listing Service® (MLS®) in January 2012.
This represents a 4.9 per cent decrease compared to the 1,658 sales recorded in December 2011,
a decrease of 13.3 per cent compared to the 1,819 sales in January 2011 and an 18 per cent
decline from the 1,923 home sales in January 2010.

The residential property sales in Greater Vancouver totalled 1,658 in December 2011, a decrease of 12.7 per cent from the 1,899 sales recorded in December 2010 and a 29.7 per cent decline compared to November 2011 when 2,360 home sales occurred.

The residential property sales of detached, attached
and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,360 in November. This represents a 5.9 per cent decline compared to the 2,509 sales in November 2010 and a 1.9 per cent increase compared to the 2,317 sales recorded in October 2011.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over
the last 12 months has increased 7.5 per cent to $622,955 in October 2011 from $579,349 in October 2010. However,
since reaching a peak in June of $630,921, the benchmark price for all residential properties in the region has declined
1.3 per cent.

New listings for detached, attached and apartment properties in Greater Vancouver totalled 5,680 in September, the third highest volume for September in 17 years. This represents a 20.1 per cent increase compared to September 2010 when 4,731 properties were listed for sale on the MLS® and a 21.2 per cent increase compared to the 4,685 new listings reported in August 2011.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s
Multiple Listing Service® (MLS®) reached 2,378 in August. This total represents an eight per cent increase compared to the 2,202 sales in August 2010, but also ranks as the third lowest total for August in the last 10 years.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,571 in July, a 21.2 per cent decline compared to the 3,262 sales in June 2011.

Since the end of May, the benchmark price of a detached home rose more than $147,000 on the westside of Vancouver and over $80,000 in West Vancouver. Detached home prices in Richmond, however, levelled off slightly, declining $25,000 in June.

The MLSLink® Housing Price Index (HPI) benchmark price for all residential properties in Greater Vancouver over the last 12 months increased 6.2 per cent to $627,568 in May 2011 from $590,662 in May 2010.

The number of residential property sales in Greater Vancouver reached 3,225 in April 2011, a 21 per cent decline compared to the 4,080 sales in March 2011. The number of active listings is totalled 5,847 in April 2011, compared to March 2011, last month’s new listings total registered a 14 per cent decline.

The real estate market in Vancouver had another very active month. The residential property sales of detached, attached and apartment properties in Greater Vancouver reached 4,080 in March 2011. The all-time sales record for March occurred in 2004 when 4,371 transactions were recorded.

The demand for single house in Richmond and Vancouver continues to be very strong in Feburary. We can see the price of single house in Richmond reaches 25% increasing in 1-year change, which is the hottest spot among whole Greater Vancouver areas. The Chinese buyers are still the major players in the Vancouver real estate market.

There's very strong buying demand in areas like Richmond, Burnaby Vancouver West & East nowadays. The benchmark price for detached properties in Greater Vancouver increased 2.7 per cent from January 2010.

The real estate housing price of Greater Vancouver went up 2.7% in 2011. In addition to that, the housing price of Richmond performed outstainding, it had 18% increased in 2011. Both Vancouver West and Burnaby had approx. 8% as well.

Compared to last month October, 2010, the number of properties sales increased 7.4%, but the number of activie listings declined 12.1% from the same month. The demand for housing reamins stable while there are fewer and fewer listings each month. This shows the housing price has lots potential to go up again next year.

The housing price in Vancouver has remained very stable in last four months; there is only about 0.2% declined in total. However, the number of properties sales has increased 5.3% compared to last month.

The real estate market of September is simliar as the previous two months. Less listings are coming out and there is still demand for the housing. The price is slightly increased by 0.1% compared to the price in August.