Nov Housing Stats from Greater Vancouver real estate Board
Please click Podcast listen to Cantonese interview
The Real Estate Board of Greater Vancouver reports that residential property sales of detached, attached & apartment properties on the region's MLS reached 2,360 in November, 1.9% increase compared to the 2,317 sales recorded in October 2011. Listing on another hand declined 26.3% compared to October 2011 at 3,222 in total.
If you are interested in knowing which part of the city is better for return on investment, here's the quick summary chart below for your reference on the increase of the price range percentage for each city:
Detached:
1) Port Moody 15.4%
2) Squamish 10.8%
3) Pitt Meadows 9%
4) Sunshine Coast 7.1%
5) Coquitlam 6.2%
6) Port Coquitlam 5.1%
7) South Delta 4.9%
8) West Vancouver/New Westminster 4.2%
9) Maple Ridge 3.4%
10) North Vancouver 2.9%
11) Richmond/Vancouver West 2.7%
12) Burnaby 2.6%
13) Vancouver East 2.4%
Apartment:
1) West Vancouver 9.8%
2) South Delta 5.7%
3) Maple Ridge & Pitt Meadows 3.2%
4) Port Moody 3%
5) Port Coquitlam 2.7%
6) North Vancouver 2.2%
7) New Westminster 2.1%
8) Vancouver East 2%
9) Richmond 1.5%
10) Burnaby 1.3%
11) Vancouver West 1.2%
Although sales are down no matter we compare to last year same month or last month, the housing price are still appreciating. To see the full report, please click November Vancouver Housing Stats
Should you have any question, please feel free to contact me at 604-412-5860 or email me at tinamak@tinamak.com
Tina Mak Personal Real Estate Corporation
The Bridge from East to West since 1992
Vancouver Radio Realtor AM1320
www.TinaMak.com
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