{"id":91,"date":"2014-08-05T13:54:57","date_gmt":"2014-08-05T20:54:57","guid":{"rendered":"http:\/\/www.findaproperty.ca\/blog\/?p=91"},"modified":"2014-08-05T13:54:57","modified_gmt":"2014-08-05T20:54:57","slug":"vancouver-real-estate-results-for-july-2014-released","status":"publish","type":"post","link":"http:\/\/www.findaproperty.ca\/blog\/vancouver-real-estate-results-for-july-2014-released\/","title":{"rendered":"Vancouver Real Estate Results for July 2014 Released"},"content":{"rendered":"

The Greater Vancouver housing market continues to\u00a0see slightly elevated demand from home buyers, steady levels of supply from home sellers and\u00a0incremental gains in home values depending on the area and property type<\/h3>\n

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in\u00a0<\/span>Greater Vancouver reached 3,061 on the Multiple Listing Service\u00ae (MLS\u00ae) in July 2014. This\u00a0represents a 3.9 per cent increase compared to the 2,946 sales recorded in July 2013, and a 10.1\u00a0per cent decline compared to the 3,406 sales in June 2014.<\/p>\n

\u201cThis is the fourth consecutive month that the Greater Vancouver market has exceeded 3,000\u00a0sales,\u201d Darcy McLeod, REBGV president-elect said. \u201cPrior to this, our market had not surpassed\u00a0the 3,000 sale mark since June of 2011.\u201d<\/p>\n

Last month\u2019s sales were 3.8 per cent above the 10-year sales average for July of 2,948.<\/p>\n

The MLS\u00ae Home Price Index composite benchmark price for all residential properties in Metro\u00a0Vancouver* is currently $628,600. This represents a 4.4 per cent increase compared to July\u00a02013.<\/p>\n

\"Vancouver<\/a>

Vancouver HPI )Home Price Index) Chart for end of July 2014<\/p><\/div>\n

\u201cToday\u2019s activity continues to put Metro Vancouver in the upper reaches of a balanced real\u00a0estate market,\u201d McLeod said.
\nThe sales-to-active-listings ratio currently sits at 19.6 per cent in Metro Vancouver. This ratio\u00a0has ranged between 18 and 20 per cent over the last four months.<\/p>\n

New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,925\u00a0in July. This represents a 1.5 per cent increase compared to the 4,854 new listings in July 2013\u00a0and a 7.8 per cent decline from the 5,339 new listings in June.
\nThe total number of properties currently listed for sale on the MLS\u00ae system in Metro Vancouver\u00a0is 15,617, a six per cent decline compared to July 2013 and a 2.5 per cent decrease compared to\u00a0June 2014.<\/p>\n

Sales of detached properties in July 2014 reached 1,322, an increase of 5.8 per cent from the\u00a01,249 detached sales recorded in July 2013, and a 68 per cent increase from the 787 units sold in<\/p>\n

See the full report here:\u00a0Vancouver Real Estate Statistics Report July 2014<\/a><\/p>\n

If you have any questions or would like to know how this affects your home and property’s value, please call Kevin on\u00a0604-340-1267<\/a>\u00a0or email\u00a0kevin@findaproperty.ca<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home buyers continue to slightly outpace sellers, but not by much<\/p>\n","protected":false},"author":2,"featured_media":95,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13,2],"tags":[11,10,38,12,39,41],"_links":{"self":[{"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/posts\/91"}],"collection":[{"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/comments?post=91"}],"version-history":[{"count":3,"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/posts\/91\/revisions"}],"predecessor-version":[{"id":98,"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/posts\/91\/revisions\/98"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/media\/95"}],"wp:attachment":[{"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/media?parent=91"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/categories?post=91"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.findaproperty.ca\/blog\/wp-json\/wp\/v2\/tags?post=91"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}