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Monday Sales Results

There were 393 new listings yesterday. Price changes came in at 90. There were 163 sales. That resulted in a sell/list of 41.48%

Vancouver Westside?

The sell/list is recovering. It doesn’t look like any kind of imminent meltdown is waiting in the wings. Still, fundamentals look pretty detached. Comments?

Vancouver real estate sales statistics are courtesy of the Real Estate Board of Greater Vancouver, and while all efforts are made to ensure their accuracy, neither the REBGV nor Rob Chipman are liable for any errors.


One Response to “Monday Sales Results”

  1. Romeo Jordan says:

    Comments:

    Rob, sales are down 13% year over year and listings way way up year over year…

    Prices are falling, no?

    Come on man, admit it – this could be the end. Are you reading the financial press – its hammer hammer hammer hammer on debt/housing bubble (or is it a balloon?).

    CMHC – I don’t think the ceiling gets raised without some mortgage rule changes. 25year amortizations and higher levels of income to debt coming?

    We live in interesting times. We had a BOOM. Now the other side of the coin will show itself.

    Fools and their money are eventually parted.