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Posted on
July 16, 2021
by
Hafez Panju
Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were down between May and June 2021.
Summary:
- National home sales declined by 8.4% on a month-over-month basis in June.
- Actual (not seasonally adjusted) activity was up 13.6% year-over-year.
- The number of newly listed properties edged back by 0.7% from May to June.
- The MLS® Home Price Index (MLS® HPI) rose 0.9% month-over-month and was up 24.4% year-over-year.
- The actual (not seasonally adjusted) national average sale price posted a 25.9% year-over-year gain in June.
Home sales recorded...
Posted on
July 13, 2021
by
Hafez Panju
Despite many challenges, the first half of 2021 has been fantastic and I could not have done it without my amazing clients and referrals. Thank you so much and cannot wait to see what the 2nd half of the year will bring. Congrats to all the June Top 10 realtors!
Posted on
July 12, 2021
by
Hafez Panju
The British Columbia Real Estate Association (BCREA) reports that a total of 11,070 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in June 2021, an increase of 34.7 per cent over June 2020. The average MLS® residential price in BC was $910,445, a 22.2 per cent increase from $745,194 recorded in June 2020. Total sales dollar volume was $10.1 billion, a 64.6 per cent increase from last year.
“As expected, housing market activity is calming to start the second half of 2021,” said BCREA Chief Economist Brendon Ogmundson. “That said, while down...
Posted on
July 5, 2021
by
Hafez Panju
While still elevated, home sale and listing activity in Metro Vancouver* has eased back from the record-setting pace seen in March and April of this year.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,762 in June 2021, a 54 per cent increase from the 2,443 sales recorded in June 2020, and an 11.9 per cent decrease from the 4,268 homes sold in May 2021.
Last month’s sales were 18.4 per cent above the 10-year June sales average.
“Metro Vancouver’s housing market continues to experience strong seller’s market...
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
