by Sebastian on February 3, 2010
Vancouver Real Estate Statistics for January 2010
A (not so) Average January For Vancouver Real Estate
For the first time in a long while, we had a month that did not threaten to break sales records. The month of January 2010 was only an average month for the first decade of the century. Higher sales numbers were [...]
by Sebastian on January 21, 2010
Vancouver Real Estate Statistics for December 2009
The third strongest December on record
2009 ended much differently than it began. The year began with one of the worst months on record while it ended with one of the best December.
The benchmark price for residential homes in Greater Vancouver was up 16.2% (to $562,462) from December 2008 to [...]
by Sebastian on January 15, 2010
Sebastian Albrecht, Vancouver realtor discusses 2009 in this video blog. From the lows of January, where the sky appeared to be falling up to the highs of the summer in June and July. Vancouver real estate had a spectacular year of growth straight through until the very last month of the year. It goes to [...]
by Sebastian on December 7, 2009
A Near Record Month of November
The average home in Greater Vancouver rose 12.4% over the past year. In the City of Vancouver we blew this average out of the water. November 2009 saw detached homes up 24.61%, attached homes up 16.73% and apartments up 11.51%.
These numbers mask, to some degree the fact that we saw [...]
by Sebastian on November 5, 2009
Upward Pressure Continues
October 2009 ended up being another stellar month in the Vancouver real estate market. We’ve become accustomed to seeing strong results this year, and October was no exception. Demand remained strong while supply shrank and the result was that prices were pushed higher.
However, while to date there had been no signs of the [...]
by Sebastian on October 7, 2009
Another Great Month
The Vancouver real estate market has remained strong through the month of September. The most recent month was the second best September ever on record for Vancouver (as measured by units sold). The strength that has been evidenced in the market since the beginning of the year doesn’t appear to be abating.
For the [...]
by Sebastian on September 3, 2009
Another Record Month
It appears as though the summer of 2009 has been a good one in the Vancouver real estate market. June and July saw a record number of sales following shortly what was the slowest month ever recorded in January 2009. While August didn’t break a record, it certainly held it’s own against the [...]
by Sebastian on August 7, 2009
Another Record Month
In January 2009 we had the worst month Vancouver had ever seen. Just seven short months later and July 2009 was the best July on record. The turnaround we’ve seen in the last few months is nothing short of miraculous.
Sales are no longer improving on a month-to-month basis, but this is to be [...]
by Sebastian on July 4, 2009
What goes down must come up
Isn’t it amazing what kind of a difference a few months make? Back in January 2009 the Vancouver real estate market saw it’s worst month in over 30 years. June 2009 ended up being the second best month (by sales) ever (second only to June 2005).
We have now had five [...]
by Sebastian on June 9, 2009
Balanced markets emerging
If you’ve been reading this blog lately, or just watching the For Sale signs on your street, you know that the Vancouver real estate market has come back to life. In a number of recent posts, I’ve pointed out that this resurgence began with the reappearance of the first-time home buyer into the [...]