Saturday 15 December 2012

mid-December Vancouver sales stats

Dec 1-14 Greater Van Sales Stats
2012 vs 2011
Sales: 645 vs 926 (-30%)
vs Nov: 645 vs 828 (-22%)
Lists: 884 vs 1016 (-13%)
Ratio: 73% vs 91% 

Est Dec Sales: 1110 vs 1658 (-33% YoY, -34% MoM)
Est Dec Lists: 1250 vs 1629 (-24% 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 1250 89% (预测)

2 comments:

  1. thank you so much for keeping posting real estate info here and west.ca....let us see the price free fall in the near future...

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    Replies
    1. no problem! I'm not sure about 'free fall' but it'll be an exciting ride down : )

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