Stat Updates
January 2022 Stats 📊
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The first month of 2022 saw home sales come down from last year’s record-setting pace, while low supply continued to cause home prices to rise across Metro Vancouver.
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For all property types, the sales-to-active listings ratio for January 2022 is 40.3%. By property type, the ratio is 28% for detached homes, 51.6% for townhomes, and 49.7% for apartments.
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The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,285 in January 2022, a 4.4% decrease from the 2,389 sales recorded in January 2021, and a 15% decrease from the 2,688 homes sold in December 2021.
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The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,255,200. This represents a 18.5% increase over January 2021 and a 2% increase compared to December 2021.
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As always, our team works very hard to provide you with stats package that is specific to your area. Find the city you are interested in and study the stats.
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Everyone is going to experience something different with real estate depending on what price range and what city they are active in.
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We love to talk real estate. Let us know your thoughts or ask away if you have any questions
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🏙HT Realty Group
📧Admin@htrealtygroup.com
☎️ 604-785-0424
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#htrealtystats
#realestateinfographics #realestatestatistics#realestatestats #realestatestatsjan2022#january2022 #realestatetips #realestatepackage #realestatemonthlystats #lowinventory #highdemand #hotrealestatemarket
December 2021 Stats 📊
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Metro Vancouver home sales reached an all-time high in 2021 as housing needs remained a top priority for residents in the second year of the COVID-19 pandemic. A lot of which was contributed to low interest rates, increased household savings, more flexible work arrangements, and higher home prices than ever before.
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For all property types, the sales-to-active listings ratio for December 2021 is 51.3%. By property type, the ratio is 35.1% for detached homes, 75.6% for townhomes, and 60.8% for apartments.
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The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 43,999 in 2021, a 42.2% increase from the 30,944 sales recorded in 2020, a 73.6% from the 25,351 homes sold in 2019, and a 4% increase over the previous all-time sales record of 42,326 set in 2015.
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The MLS® HPI composite benchmark price for all residential properties in Metro Vancouver ends the year at $1,230,200. This is a 17.3% increase compared to December 2020.
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As always, our team works very hard to provide you with stats package that is specific to your area. Find the city you are interested in and study the stats.
.
Everyone is going to experience something different with real estate depending on what price range and what city they are active in.
.
.
We love to talk real estate. Let us know your thoughts or ask away if you have any questions
.
.
🏙HT Realty Group
📧Admin@htrealtygroup.com
☎️ 604-785-0424
.
.
#htrealtystats
#realestateinfographics #realestatestatistics #realestatestatsdecember2021 #realestatetips #realestatestats2021 #vancouverrealestatestats #realestatestatpackage #realestatemonthlystats#upwardstrends #lowinventory #highdemand
November 2021 Stats📊
As we near the end of 2021, home buyer demand remains well in excess of long-term averages and the supply of homes for sale continues to decline across Metro Vancouver’s housing market.
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For all property types, the sales-to-active listings ratio for November 2021 is 48%. By property type, the ratio is 33.8% for detached homes, 74.3% for townhomes, and 53.7% for apartments.
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The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,428 in November 2021, an 11.9% increase from the 3,064 sales recorded in November 2020, and a 1.9% decrease from the 3,494 homes sold in October 2021.
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The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,211,200. This represents a 16% increase over November 2020 and a 1% increase compared to October 2021.
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As always, our team works very hard to provide you with stats package that is specific to your area. Find the city you are interested in and study the stats.
.
Everyone is going to experience something different with real estate depending on what price range and what city they are active in.
.
.
We love to talk real estate. Let us know your thoughts or ask away if you have any questions
.
.
🏙HT Realty Group
📧Admin@htrealtygroup.com
☎️ 604-785-0424
.
.
#htrealtystats
#realestateinfographics #realestatestatistics #realestatestatsnovember2021 #realestatetips #realestatestats2021 #vancouverrealestatestats #realestatestatpackage #realestatemonthlystats#upwardstrends #lowinventory #highdemand
October 2021 Stats📊
Home sale activity in Metro Vancouver remained above historical averages in October while the overall supply of homes for sale dipped to levels not seen in three years.
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The dynamic between supply and demand is still causing home prices to rise across the region. We may see a decrease in demand once there is a rise in fixed mortgage rate.
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For all property types, the sales-to-active listings ratio for October 2021 is 43.5 per cent. By property type, the ratio is 33.6 per cent for detached homes, 64.4 per cent for townhomes, and 46.7 per cent for apartments.
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The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,494 in October 2021, a 5.2 per cent decrease from the 3,687 sales recorded in October 2020, and an 11 per cent increase from the 3,149 homes sold in September 2021.
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The MLS® Home Price Index composite benchmark price for all residential homes in Metro Vancouver is $1,199,400. This represents a 14.7 per cent increase over October 2020 and a 1.1 per cent increase compared to September 2021.
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As always, our team works very hard to provide you with stats package that is specific to your area. Find the city you are interested in and study the stats.
.
Everyone is going to experience something different with real estate depending on what price range and what city they are active in.
.
.
We love to talk real estate. Let us know your thoughts or ask away if you have any questions
.
.
🏙HT Realty Group
📧Admin@htrealtygroup.com
☎️ 604-785-0424
.
.
#htrealtystats
#realestateinfographics #realestatestatistics #realestatestatsoctober2021 #realestatetips #realestatestats2021 #vancouverrealestatestats #realestatestatpackage #realestatemonthlystats#upwardstrends #lowinventory #highdemand
September 2021 Stats 📊
Home sale activity remains elevated across Metro Vancouver’s housing market while September’s new listings were 1.2% below the 10 year average per month.
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As per last month the inventory of homes for sale remains insufficient, which again is the biggest driver for upward trends of prices.
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For all property types, the sales-to-active listings ratio for September 2021 is 34.1 per cent. By property type, the ratio is 25.5 per cent for detached homes, 53.1 per cent for townhomes, and 36.7 per cent for apartments.
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The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,149 in September 2021, a 13.6 per cent decrease from the 3,643 sales recorded in September 2020, and a 0.1 per cent decrease from the 3,152 homes sold in August 2021.
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The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $ 1,186,100. This represents a 13.8 per cent increase over September 2020 and a 0.8 per cent increase compared to August 2021.
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As always, our team works very hard to provide you with stats package that is specific to your area. Find the city you are interested in and study the stats.
.
Everyone is going to experience something different with real estate depending on what price range and what city they are active in.
.
.
We love to talk real estate. Let us know your thoughts or ask away if you have any questions
.
.
🏙HT Realty Group
📧Admin@htrealtygroup.com
☎️ 604-785-0424
.
.
#htrealtystats
#realestateinfographics #realestatestatistics #realestatestatsseptember2021 #realestatetips #realestatestats2021 #vancouverrealestatestats #realestatestatpackage #realestatemonthlystats#upwardstrends
August 2021 Stats 📊
The biggest factor impacting prices in the market right now is supply, as we have seen a steady decline in homes for sale since June.
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For all property types, the sales-to-active listings ratio for August 2021 is 35%. By property type, the ratio is 25.3% for detached homes, 51.8% for townhomes, and 39.2% for apartments.
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Interesting to note that generally, analysts say downward pressure on home prices occurs when the ratio dips below 12% for a sustained period, while home prices often experience upward pressure when it surpasses 20% over several months.
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The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,152 in August 2021, a 3.4% increase from the 3,047 sales recorded in August 2020, and a 5.2% decrease from the 3,326 homes sold in July 2021.
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Last month’s sales were 20.4% above the 10-year August sales average.
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The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $ 1,176,600. This represents a 13.2 per cent increase over August 2020 and a 0.1 per cent increase compared to July 2021.
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As always, our team works very hard to provide you with stats package that is specific to your area. Find the city you are interested in and study the stats.
.
Everyone is going to experience something different with real estate depending on what price range and what city they are active in.
.
.
We love to talk real estate. Let us know your thoughts or ask away if you have any questions
.
.
🏙HT Realty Group
📧Admin@htrealtygroup.com
☎️ 604-785-0424
.
.
#htrealtystats
#realestateinfographics #realestatestatistics #realestatestatsaugust2021 #realestatetips #realestatestats2021 #vancouverrealestatestats #realestatestatpackage #realestatemonthlystats