Weekly Vancouver Real Estate Statistics - October 19th 2009
While New Listings fell Sales rose this past week in the Vancouver real estate market.
New Listings – Vancouver
For three weeks out of the last four, New Listings fell (after they had risen for four consecutive weeks). New Listings fell (-12.86%) to 332 from 381.
Home Sales – Vancouver
For the second time in the five weeks Sales rose. Sales rose (+1.17%) to 259 from 256.
Sell/List Ratio – Vancouver
The Sell/List ratio rose once more. Having risen (+10.82) to 78.01% from 67.19% it is now at its highest point in the last eight weeks.
Price Change – Vancouver
Price changes fell (-5.13%) to 111 from 117 the week before.
Active Listings – Vancouver
For the sixth time in the last seven weeks the number of Active Listings increased. However, this past week that increase was very slight (+0.18%) to 3387 from 3381.
The Bottom Line
This past week saw New Listings fall while Sales rose slightly. This resulted in the Sell/List ratio rising to its highest level in two months.
More Info on Vancouver Real Estate
If you’d like to learn more about the Vancouver real estate market generally you can check out this page.
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Copyright © 2009 Vancouver MLS Statistics in the Vancouver Realtor Blogby Sebastian Albrecht, Vancouver Realtor with Royal LePage Vancouver”Weekly Vancouver Real Estate Update – October 19th 2009 – New Listings Drop While Sales Hold”
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- Weekly Vancouver Real Estate Update – September 14th 2009 – Sales Rebound, Inventory Still Rising
- Weekly Vancouver Real Estate Update – October 5th 2009 – No Fall Weakness