End-of-the-world Greater Van Sales Stats

Dec 1-21 
2012 vs 2011
Sales: 953 vs 1328 (-28%)
vs Nov: 953 vs 1241 (-23%)
Lists: 1215 vs 1375 (-12%)
Ratio: 78% vs 97% 

Est Dec Sales: 1110 vs 1658 (-33% YoY, -34% MoM)
Est Dec Lists: 1380 vs 1629 (-15% YoY)
Est Dec Inventory: 13400 vs 12000 (+12% YoY)
Months of Inventory:11.5-12.5 months  vs 7.2月 (vs Dec/11)

Greater Vancouver MOI is expected to reach ~12 months by month-end, worse than the 9.3 months of inventory in November 2012.  We're heading deeper into Buyer's Market territory.
December sales and Sales/New-Lists Ratio will again be 2nd lowest in the last 10+ years.
REBGV HPI price is expected to fall again this month.

大温地区滞销量在12月底将达到12个月,比上个月(9.3个月) 滞销加剧, 更加深入买方市场
今年12月成交/新上市比 将成为十多年来第二低,仅次于2008年。
预计本月大温地产局指标价会继续同比环比双跌。

年份 成交 新上市 比例
2001 2394 1856 129.0%
2002 2205 1895 116.4%
2003 2434 2301 105.8%
2004 2065 1764 117.1%
2005 2332 1735 134.4%
2006 1686 1524 110.6%
2007 1897 1695 111.9%
2008 924 1550 59.6%
2009 2515 2153 116.8%
2010 1899 1699 111.8%
2011 1658 1629 101.8%
2012 1110 1380 89% (预测)