Tuesday, October 5, 2010

Vancouver September Data are out

Vancouver Board Sept 2010

Mixed messages in this data. An increase in total listings 15401 vs. 12596 a year ago. This despite all new listings falling by a thousand from the same time last year. The Board's computed days on market dropped slightly, so these new listings haven't started gumming up the pipeline yet. Prices are up from a year ago for both detached and over all. $790,992 is the September index price for a detached house in the Greater Vancouver area, up 50k from a year ago.

Mirroring China last month? How much effect in there from frontloading of sales due to uncertainty about the harmonized tax?

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