Metro Vancouver

Investment Specialist
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Alphonse Quenneville

Greater Vancouver Homes - The Q Report August 2010.08

While Greater Vancouver home sales declined 36% this August compared to last, year-to-date sales were down 5.1%. August listings were down 17.4%.

Detached home sales in August dipped 34.8% compared to one year ago, while year-to-date were down 4.7%. Listings this month also fell short of last August by 19.4%. The August 2010 benchmark price of $795,076 rose 8.5% from last August and 7.7% from August 2008.

Greater Vancouver townhome August sales were down 38.7% while listings for the month fell 15.3%. The benchmark price of $489,511, is up 6.6% from one year ago and down slightly from last month.

The Greater Vancouver condominium benchmark price rose 4.5% from last August to $385,968. August condominium sales declined 36.1%, while year-to-date condo sales were down just 3.3% from this time last year. Listngs for the month fell 16.4% from August 2009.

Statistical source: Real Estate Board of Greater Vancouver.   

Published Saturday, September 04, 2010 10:19 PM by Alphonse Quenneville

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