Blog › December 2013

Uptown Vancouver Blog

GET YOUR HOLIDAY BOOGIE ON

An UptownVancouver Holiday Mix

HAPPY HOLIDAYS! From all of us at Uptownvancouver. Here is a new twist on the holiday classics that we put together for you all to enjoy over the holiday season. Please feel free to download and enjoy with you friends and family.

 Please note that this link might only be available on our full site - please click link to full sight. There is a download button on the bottom right hand side of the mix.


Movember Metro Vancouver Stats

Sales Stats Vancouver 2013Attached are the Sales and Listings Stats updated to the end of November 2013. November of this year saw a 38% increase in units sold compared to November 2012, albeit down 11% compared to October of this year in Greater Vancouver. November typically sees the real estate market wind down as we get closer to the holiday season. Total Active Listings are down 8% compared to this time last year.  Year to date, 2013 should finish 12 to 15% above 2012 for total units sold in Greater Vancouver. In their Fall Housing Market Outlook, the Canada Mortgage and Housing Corporation (CMHC) outlined that existing home sales are expected to increase in 2014 by 8% with the market to remain in balanced conditions. This is to be supported with an increase in economic and job growth projected in 2014. Further strengthening in global economies will benefit Vancouver and help sustain economic growth. And of course, pent up demand in our housing market will continue to be a positive factor moving forward.

New for this month’s sales and listings stats is the addition of statistics for Burnaby, New Westminster, Port Moody, Port Coquitlam, Coquitlam, Tsawwassen and Ladner.

Here’s a summary of the numbers:

Greater Vancouver: Total Units Sold in November 2013 was 2,390 – down from 2,698 (11%) in October 2013, up from 1,733 (38%) in November 2012; New Listings in November 2013 were down 25% from October 2013; Month’s Supply of Total Residential Listings is steady at 6 Months (Balanced Market).

Vancouver Westside Residential: Total Units Sold in November 2013 was 488 – down from 579 (16%) in October 2013, up from 358 (36%) in November 2012; New Listings in November 2013 were down 26% from October 2013; Month’s Supply of Total Residential Listings is steady at 5 Months (Balanced Market).

Vancouver Eastside Residential: Total Units Sold in November 2013 was 282 – down from 288 (2%) in October 2013, up from 197 (43%) in November 2012; New Listings in November 2013 were down 26% from October 2013; Month’s Supply of Total Residential Listings is steady at 4 Months (Bordering on Seller’s Market).

North Vancouver Residential:  Total Units Sold in November 2013 was 197 – down from 221 (11%) in October 2013, up from 145 (36%) in November 2012; New Listings in November 2013 were down 34% from October 2013; Month’s Supply of Total Residential Listings is steady at 4 Months (Bordering on Seller’s Market).

West Vancouver Residential: Total Units Sold in November 2013 was 89 – down from 110 (19%) in October 2013, up from 45 (98%) in November 2012; New Listings in November 2013 were down 34% from October 2013; Month’s Supply of Total Residential Listings is steady at 7 Months (Balanced Market).

Richmond Residential: Total Units Sold in November 2013 was 290 – down from 327 (11%) in October 2013, up from 210 (56%) in November 2012; New Listings in November 2013 were down 10% from October 2013; Month’s Supply of Total Residential Listings is steady at 7 Months (Balanced Market).

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