Tuesday, February 7, 2012

Second Lowest January SOLDS in Vancouver Since 2002

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Second Lowest January SOLDS in Vancouver Since 2002

With 2012, January just over, we can see from the data what maybe a forecast for 2012.   Compared with data from years past, buyers have a lot more inventory and time to make critical decisions while house shopping.  

January 2012 - 1,577 units sold

January 2011 – 1,819 units sold

January 2010 – 1,923 units sold

As we can see Jan 2012 represents an 18 per cent decline in solds from 1923 to 1577. 

New listings were highest as compared to 1995

January total inventory of homes was 12,544 which was a total increase of 20.2 per cent compared to January 2011.

By Alex Lam Royal Pacific Realty Corp, data compiled from REBGV 2012 Stats Package.

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