Tagged : 2013 RSS Feed

Found 2 blog entries tagged as "2013".

While pricing remains unchanged, North Vancouver real estate sales are up (again) by 38% over last October. Specifically detached sales are +35.6%, attached sales are +56%, and condos sales are +35.1%. West Vancouver is seeing the same trend, but their detached pricing increased modestly (+3%). WV detached sales are up by +56.9%, attached sales +450%, and condos sales +50%.

Let us know what you think of the new interactive graphs!

 

North Vancouver Pricing Index - Interactive Graph

 

North Vancouver Sales Index - Interactive Graph

 

West Vancouver Pricing Index - Interactive Graph

 

West Vancouver Sales Index - Interactive Graph

 

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North Vancouver real estate sales are up by 58.8% over last September and listing inventory is down. Broken out it looks like this: detached sales +71.1% and inventory -21.3, attached sales +115.4% and inventory -20.0%, and condos sales +29.5% and inventory -10.0%.

So why haven't we experienced huge fluctuations in local home values over the past year? Well, prices didn't quickly and 'artificially' inflate like in some markets, plus it's important to consider that we're in line with the 10-year sales average. The real estate market held its own during a slow market and now we're seeing things gradually get back to normal. If anybody really knows what that means.

What's impressive is that our home prices didn't see a significant decrease through the…

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