Monday, August 13, 2012

Statistics of the REBGV for July 2012


The statistics are averages and do not apply equally to all areas.

In July 2012 the number of sales of all types of residential homes decreased by 18.4% compared to July 2011. The sales of condos and apartments decreased by 10.9% while the sales of detached houses decreased by 28.4%.


New listings
decreased by 5.8% compared to July 2011 and by 14.5% compared to June 2012. The total number of listings was 18.8% higher than in July 2011 and 2.2% lower than on June 2012.

In July 2012 the benchmark price of all residential properties in Greater Vancouver was 0.6% higher than in July 2011. In the last twelve months the benchmark price of Vancouver houses increased by 1.4% while the benchmark price of Vancouver condos and apartments remained the same.


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