BC Home Sales Rise Despite Low Level of Supply, BCREA

Vancouver, BC – November 14, 2017. The British Columbia Real Estate Association (BCREA) reports that a total of 8,677 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in October, an increase of 19.3 per cent from the same period last year. Total sales dollar volume was $6.25 billion, up 41.6 per cent from October 2016. The average MLS® residential price in the province was $720,129, up 18.7 per cent from October 2016.

BC MLS Sales October November 2017 Real Estate Kamloops Home House Sales Residential Century 21 Kirsten Mason Team best top agent realtor“BC home sales trended higher in October, up 23 per cent from January on a seasonally adjusted basis,” said Cameron Muir, BCREA Chief Economist.”A lack of supply in the resale market continues to put upward pressure on home prices in most BC regions.”

Total active listings were down 5.1 per cent to 27,987 units in October compared to the same month last year, and have declined 49 per cent over the last five years. The ratio of home sales to active listings was up from 24.7 per cent in October 2016 to 31 per cent last month. The BC housing market is considered to be in relative balance when the ratio of home sales to active listings is between 12 and 20 per cent.

Year to date, BC residential sales dollar volume was down 9.4 per cent to $63.8 billion, when compared with the same period in 2016. Residential unit sales declined 10.7 per cent to 90,290 units, while the average MLS® residential price increased 1.4 per cent to $706,881.

Kamloops District Real Estate Associations Statistics For October 2017

The Kamloops District Real Estate Association has released the latest Statistics for October 2017. Click on the image below to enlarge or PDF documents included in the links below.

Comparative analysis by property type October 2017

Comparative analysis by property type October 2017

 

 

 

 

 

 

 

 

 

 

 

 

PDF:Comparative analysis by property type October 2017

MLS Activity October 2017

MLS Activity October 2017

 

 

 

 

 

 

 

 

 

 

 

PDF: MLS Activity October 2017

Out of town Sales by Subarea October 2017

Out of town Sales by Subarea October 2017

PDF: Out of town Sales by Subarea October 2017

Sales by subarea October 2017

Sales by subarea October 2017

PDF: Sales by subarea October 2017

BC Home Sales Ratchet Higher in September, BCREA

Vancouver, BC – October 12, 2017. The . The British Columbia Real Estate Association (BCREA) reports that a total of 8,340 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in September, an increase of 9.9 per cent from the same period last year. Total sales dollar volume was $5.8 billion, up 30.2 per cent from September 2016. The average MLS® residential price in the province was $693,774, up 18.5 per cent from September 2016.

MLS Residential Sales 2017 September October BC Real Estate BCREA Kamloops Home House for Sale“BC home sales rose nearly 5 per cent from August on a seasonally adjusted basis,” said Cameron Muir, BCREA Chief Economist. “Total active listings on the market continue to trend at ten-year lows in most BC regions, limiting unit sales and pushing home prices higher. While the economic fundamentals support elevated housing demand, rising home prices are eroding affordability, particularly for first-time buyers.”

Year-to-date, BC residential sales dollar volume was down 12.8 per cent to $57.6 billion, when compared with the same period in 2016. Residential unit sales declined 13 per cent to 81,608 units, while the average MLS® residential price was down 0.2 per cent to $705,501.

Kamloops District Real Estate Associations Statistics For September 2017

The Kamloops District Real Estate Association has released the latest Statistics for September 2017. Click on the image below to enlarge or PDF documents included in the links below.

Comparative analysis by property type September 2017

Comparative analysis by property type September 2017

PDF: Comparative analysis by property type September 2017

MLS Activity September 2017

MLS Activity September 2017

PDF: MLS Activity September 2017 Kamloops Real Estate Statistics

Out of town Sales by Subarea September 2017

Out of town Sales by Subarea September 2017

Out of town Sales by Subarea September 2017

Out of town Sales by Subarea September 2017

PDF: Out of town Sales by Subarea September 2017

Out of town Sales by Subarea September 2017 Quarterly Third Quarter

Out of town Sales by Subarea September 2017 Quarterly Third Quarter

Out of town Sales by Subarea September 2017 Quarterly Third Quarter

Out of town Sales by Subarea September 2017 Quarterly Third Quarter

PDF: Out of town Sales by Subarea September 2017 Quarterly Third Quarter

 

Sales by Subarea September 2017

Sales by Subarea September 2017

PDF: Sales by Subarea September 2017

Sales by Subarea Third Quarter 2017

Sales by Subarea Third Quarter 2017

PDF: Sales by Subarea Third Quarter 2017

Kamloops District Real Estate Associations Statistics For August 2017

The Kamloops District Real Estate Association has released the latest Statistics for August 2017. Click on the image below to enlarge or PDF documents included in the links below.

Comparative analysis by property type August 2017

Comparative analysis by property type August 2017

PDF: Comparative analysis by property type August 2017

MLS Activity August 2017

MLS Activity August 2017

PDF: MLS Activity August 2017

Out of town Sales by Subarea August 2017

Out of town Sales by Subarea August 2017

Out of town Sales by Subarea August 2017

Out of town Sales by Subarea August 2017

PDF: Out of town Sales by Subarea August 2017

Sales by subarea August 2017

Sales by subarea August 2017

PDF: Sales by subarea August 2017

 

1 2 3 28