Page 8 - Realty News update August
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8                  Realty News                                            778-868-7224                                                                August

         Fraser Valley                                                      B.C. home sales off




          Abbotsford, Cloverdale, Langley,

          North Delta, Mission, Surrey, North                               the boil but

          Surrey, South Surrey & White Rock

                                              Sale Price:                   prices remain



                                               p8%                           hot...




                             FRASER VALLEY / JULY 2018

          ©SnapStats Publishing Co.                                          Независимо от того, было ли это

               MARKET SPEED INDICATOR: SELLER MARKET                         предполагаемым следствием или нет,
                                                                             жесткие правила получения ипотеки в Канаде сделали труднее
                                 21% Homes Selling Rate in July*             для многих людей приобрести недвижимость, что привело к

            ©SnapStats Publishing Co.    The market has begun to absorb and adjust to the new  затишью деятельности на самых жарких рынках...
                                realities; we expect an uptick in sales volumes and
                   21%          prices during the second half of 2018.     CEO Royal LePage        ...менее лихорадочный спрос   GV reported 2,243 new listings in July,
                                                                             на жилье» привел к тому, что             down 1.1% from the month before. This
              TOTAL LISTINGS     TOTAL SALES       SALE PRICE                продажи жилья в июле по всей             represents a 3.84% increase compared


               5,490              1,152              8%                      провинции снизились на 23,9              to the same month last year. Decline
                                                                                                                      sales, and more inventory pushed total
                                                                             процента по сравнению с июлем

               Previous Year: 4,087  Previous Year: 1,744  Year over Year Variance  прошлого года, согласно BCREA.    inventory significantly higher.

                              Totals for last month and compared to the same month one year ago
                     ASK ME FOR A COPY OF SNAPSTATS                          Кэмерон Мьюир, главный экономист         The total number of active listings in
                  & FIND OUT YOUR HOME'S MARKET SPEED!                       BCREA, сказал: «Рынок  жилья             Greater Vancouver made a huge climb.
                                                                             BC продолжает бороться с резким
                                                                                                                      REBGV had 3,952 active condo listings
         Greater Vancouver                                                   снижением доступности, вызванным         in July, up 66.96% from last year. This
          ©SnapStats Publishing Co. *All data sourced from the FVREB MLS®. Market Speed is based on the Sales-to-Active Listing ratio and the Fraser Valley Real Estate Board's market types (ie Balanced Market 12 to 20%.) All data
          reported is Median and represents Single Family Homes and Condo/Townhomes in the following areas: Surrey, South Surrey, North Delta, Cloverdale, Langley, Abbotsford and Mission. Market Speed is best defined over several
          months. Refer to our YTD reports for sustained periods of the Sales Ratio %. This communication is not intended to cause or induce breach of an existing agency agreement. More info at Snap-Stats.com.
         Burnaby, New Westminster, Co-                                       жесткими новыми правилами                brought the sales to active listings ratio
                                                                             квалификации ипотеки.
                                                                                                                      to 27.3% for condos, compared to 62%
         quitlam, Port Coquitlam, Port Moody,                                Тем не менее, менее безумный             last year.
         Pitt Meadows, Maple Ridge                                           спрос на жилье создал более              When the ratio falls below 20%, the
                                                                             сбалансированные рыночные
                                                                                                                      industry considers the market “bal-
                                               Sale Price:                   условия во многих регионах, что          anced.”
                                                                             привело к меньшему количеству
                                                                             предложений и более широкому
                                                                                                                      If the ratio falls below 12%, it becomes
                                                 p4%                         выбору для потребителей ».               a “buyers market,” and prices rapidly
                                                                                                                      decline.
                                                                             Тем не менее сбалансированный

                         GREATER VANCOUVER / JULY 2018                       рынок и дополнительный выбор,            Generally speaking, Greater Vancouver
                                                                             похоже, не привели к снижению цен        condo sales experienced higher invento-
       ©SnapStats Publishing Co.                                             закупочные цены для покупателей в        ry, and less sales. The market responded

                 MARKET SPEED INDICATOR: SELLER                              большинстве регионов, по крайней         as expected, further decelerating price
                                                                                                                      gains.
                                                                             мере, по сравнению с прошлым
                                21% Homes Selling Rate in July*              годом.

         ©SnapStats Publishing Co.    The market has begun to absorb and adjust to the new  (BCREA BC home sales July 2018)  Even with the decelerated price gains,
                                                                                                                      the market is still running hot. A single
                               realities; we expect an uptick in sales volumes and
                 21%           prices during the second half of 2018.     CEO Royal LePage       Vancouver Condo Inventory Jumps   month decline is far from a trend, and
                                                                             Over 66%                                 most regions have condos printing
           TOTAL LISTINGS       TOTAL SALES         SALE PRICE               There’s a lot of condo inventory hitting   double digit gains from last year. This
                                                                                                                      market has a long way to go before it
            3,411                718                  4%                     the market in Greater Vancouver. REB-    enters healthy territory.


            Previous Year: 2,359  Previous Year: 1,121  Year over Year Variance
                            Totals for last month and compared to the same month one year ago

                   ASK ME FOR A COPY OF SNAPSTATS
                & FIND OUT YOUR HOME'S MARKET SPEED!


       ©SnapStats Publishing Co. *All data sourced from the REBGV MLS®. Market Speed is based on the Sales-to-Active Listing ratio and the Greater Vancouver Real Estate Board's market types (ie Balanced Market 12 to 20%.) All
       data reported is Median and represents Single Family Homes and Condo/Townhomes in the following areas: Burnaby, New Westminster, Coquitlam, Port Coquitlam, Port Moody, Pitt Meadows and Maple Ridge. Market Speed is
       best defined over several months. Refer to our YTD reports for sustained periods of the Sales Ratio %. This communication is not intended to cause or induce breach of an existing agency agreement. More info at Snap-Stats.com.
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