May 2018 Westside Market Update
Posted on May 05, 2018 in Market Update
Westside detached house active listings this April are up 6% from March (817 from 772) and are up 38% compared to April 2017. Westside detached home sales this April were up 24% from March (66 to 53) but down 41% compared to 111 sales in April 2017. This year, sales volumes are off 71% from sales in Feb. 2016 (pre foreign buyer tax).
The increase in...
April 2018 Westside Market Update
Posted on Apr 06, 2018 in Market Update
Westside detached house supply this March is up 5% from February (723 to 772) but is up 247% compared to 560 Mrach 2017. Westside detached home demand (sales) this March was about the same as February (52 to 53) and down 44% compared to 95 sales March 2017. This year, sales volumes are off 79% from sales in Feb. 2016 (pre foreign buyer tax).
The inc...
Mar 2018 Westside Market Update
Posted on Mar 05, 2018 in Market Update
Westside detached house supply this February jumped 17% from December (617 to 723) but is up 27% compared to 568 last February 2017. Westside detached home demand (sales) this February was up 18% from January (44 to 52) and up 19% compared to 37 sales last February 2017. This year, sales volumes are off 76% from sales in Feb. 2016 (pre foreign buye...
The NDP Just Lowered The Value of Our Houses
Posted on Feb 26, 2018 in Market Update
This taxation is political (TAX GRAB) and is poorly thought out as it does not account for the drop in demand which is a consequence of the onerous taxation.
So far this month we have had 49 MLS sales of westside detached homes.
15 under $3M, 21 from $3M to $4M, 6 from $4m to $5M, 3 from $5M to $6M, 2 in the $6M’s, 1@ $8.5M, 1 @ $13M, & 1@ $17.4M
In...
So far this month we have had 49 MLS sales of westside detached homes.
15 under $3M, 21 from $3M to $4M, 6 from $4m to $5M, 3 from $5M to $6M, 2 in the $6M’s, 1@ $8.5M, 1 @ $13M, & 1@ $17.4M
In...
Feb 2018 Westside Market Update
Posted on Feb 06, 2018 in Market Update
Westside detached house supply this January remained essentially unchanged from December (616 to 617) but is up 11% compared to 554 last January 2017.
Westside detached home demand (sales) this January was up 26% from December (35 to 44) and up 19% compared to 37 sales last January 2017.
December & January are typically the quietest months for both s...