Judy Shih : Sutton Grp-west Coast Realty

Balanced real estate market prevailed through much of 2011

VANCOUVER, B.C. – January 4, 2012 – The 2011 Greater Vancouver housing market began with heightened demand in

regional hot spots and concluded with greater balance between seller supply and buyer demand.

The Real Estate Board of Greater Vancouver (REBGV) reports that total sales of detached, attached and apartment properties

in 2011 reached 32,390, a 5.9 per cent increase from the 30,595 sales recorded in 2010, and a 9.2 per cent decrease

from the 35,669 residential sales in 2009. Last year’s home sale total was 6.3 per cent below the ten-year average for annual

Multiple Listing Service® (MLS®) sales in the region.

The number of residential properties listed for sale on the MLS® in Greater Vancouver increased 2.7 per cent in 2011 to

59,549 compared to the 58,009 properties listed in 2010. Looking back further, last year’s total represents a 12.8 per cent

increase compared to the 52,869 residential properties listed in 2009. Last year’s listing total was 11.1 per cent above the tenyear

average for annual Multiple Listing Service® (MLS®) property listings in the region.

“It was a relatively balanced year for the real estate market in Greater Vancouver with listing totals slightly above historical

norms and sale numbers slightly below,” Rosario Setticasi, REBGV president said.

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Home listings continue to rise in the Greater Vancouver

housing market

VANCOUVER, B.C. – October 4, 2011 – Consistent increases in property listings and fewer home sales over the summer

months has helped move the Greater Vancouver housing market into the upper end of a buyers’ market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and

apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,246 in September, a 1.2 per cent increase

compared to the 2,220 sales in September 2010. Those sales also rank as the third lowest total for September over the last 10

years.

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Greater Vancouver home sales trend toward buyers’ market

over summer

VANCOUVER, B.C. - September 2, 2011 - August marked the third consecutive month that home sale activity

in Greater Vancouver was below the 10-year average for the month. In contrast, home listing activity in the region

has exceeded the 10-year norm every month since the beginning of the year.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached

and apartment properties on the region’s Multiple Listing Service® (MLS®) reached 2,378 in August. This

total represents an eight per cent increase compared to the 2,202 sales in August 2010, but also ranks as the third

lowest total for August in the last 10 years.

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