News from Cartocci Real Estate Group

Historical Averages Still In Progress

Posted on Oct 02, 2013

Home buyers and sellers activity in the Greater Vancouver housing market continues to far outpace 2012, yet is in line with the region’s 10-year averages. Here are some notes:
  • There is a 63.8% increase for residential property sales in Greater Vancouver compared to sales recorded in September 2012, and a 1.2% decline compared to the sales in August...

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Active summer housing market remains!

Posted on Sep 05, 2013

August activity in the Greater Vancouver housing market finished well above last year’s pace and slightly below the 10-year average for the month.

Residential property sales in Greater Vancouver reached 2,514 in August 2013. This represents a 52.5 per cent increase compared to the 1,649 sales recorded in August 2012, and a 14.7 per cent decline comp...

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Stability With Minor Fluctuations

Posted on Aug 06, 2013

Property sales in greater Vancouver reached a 40.4% increase in sales in July 2013 compared to sales in July 2012 and a 11.5% increase from June 2013. A magnificent record breaker of 0.1% increase in sales looking at the 10 year average for the month! In the last few months I have seen increases in demand in our market, which may be a result from t...

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Buyers and Sellers - a win win

Posted on Jul 03, 2013

Residential property sales have increased 11.9% in June 2013 totalling 2,642 comparing to June 2012 where sales reached 2,362. Typical slower summer trends shows a 8.3% decrease in sales from last May.

Looking at a 10 year sales average for the month of June, sales were 22.2% lower. New listings for the month are also lower at 11.5% below the 10 yea...

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Recovering Residential Market

Posted on Jun 14, 2013

Comparing last month's current residential sales to May 2011, we are down 0.7%, however the total sales in dollar volume is 2% higher at $4.1 Billion. This has brought the average MLS residential price in the province up 2.7% from a year ago ($534,013.00).

BC home sales were trending higher in May as we compare to a slowing demand and calming prices...

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Buyer's Market Here We Go!

Posted on Oct 02, 2012

The summer of 2012 drew to a close in September with home sale activity well below historical averages in the Greater Vancouver housing market.

September sales were 41.6% below the 10-year September sales average.

“There’s been a clear reduction in buyer demand in the three months since the federal government eliminated the availability of a 30-year...

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