Dodi Thorhaug : Re/Max Dodi Thorhaug Realty

If you been following our blog, or the news, its no surprise that homes sales reached near record levels last month. Metro Vancouver's November 2015 residential real estate sales rank as the second hghest November on record. While the sales-to-listing ratio is the highest it's been in this market for nine years.

Here are some of the hightlights:

=We saw a 40% increase in residential property sales in November 2015 compared to November 2014

=November 2015's sales were 46.2% above the 10-year sales average for the month
=The November sales-to-active-listings ratio was 43.5% for all Metro Vancouver
=The November sales-to-active listings ratio for North Vancouver detached properties was 80%
=The November sales-to-active listings ratio for North Vancouver condos & townhouses was 70.5%
=The November sales-to-active listings ratio for West Vancouver detached properties was 23.8%
=The November sales-to-active listings ratio for Coal Harbour condos was 39.5%
=Sales of detached properties in November 2015 were 31.9% higher than November 2014 and 44.2% higher than November 2013
=Sales of apartment properties in November 2015 were 47.6% higher than November 2014 and 60.3% higher than November 2013
=Sales of attached properties in November 2015 were 40.7% higher than November 2014 and 49.3% higher than November 2013

In our markets comparing November 2015 to November 2014:

=We saw 36.9% more sales of detached properties in North Vancouver with 45% less inventory

=We saw 50.5% more sales of attached properties in North Vancouver with 48% less inventory

=We saw 32% more sales of detached properties in West Vancouver with 12.5% less inventory

Click here for your full report: REBGV Metro Vancouver November 2015 Residential Sales

If you would like to more about specific micro markets, neighbourhoods, or have any question on how to captialize on the current trends, we'd love to talk to you! 604.644.3634

Dodi and Rachael

*Areas covered in the Real Estate Board of Greater Vancouver's report include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta

The Real Estate Board of Greater Vancouver reports that "In October home sales were more than one third above what's typical for this time of year yet the supply of homes for sale is the lowest we've seen in five years."  This activity has created some of the most favourable conditions for sellers in a very very long time.

Here are the hightlights

• We saw a 19.3% increase in residential property sales in October 2015 compared to October 2014
• October 2015's sales were 36.2% above the 10-year sales average for the month
• The October sales-to-active-listings ratio was 38.1% for all Metro Vancouver
• The October sales-to-active listings ratio for North Vancouver detached properties was 87.25%, 51% higher than Metro Vancouver
• The October sales-to-active listings ratio for North Vancouver condos & townhouses was 52%
• The October sales-to-active listings ratio for West Vancouver detached properties was 27.8%
• The October sales-to-active listings ratio for Coal Harbour condos was 30%
• Sales of detached properties in October 2015 were 13.1% higher than October 2014 and 34.7% higher than October 2013
• Sales of apartment properties in October 2015 were 21.7% higher than October 2014 and 40.5% higher than October 2013
• Sales of attached properties in October 2015 were 28.6% higher than October 2014 and 34.3% higher than October 2013

Click here for your full report: REBGV Metro Vancouver October 2015 Residential Sales

If you have any question on how to captialize on the current trends in your micro market, we'd love to talk to you! 604.644.3634

Dodi and Rachael

*Areas covered in the Real Estate Board of Greater Vancouver's report include: Whistler, Sunshine Coast, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta

The September 2015 Metro Vancouver Housing #'s are here, and the number of properties litsted for sale has not been keeping up with demand. Buyer's spend their summer actively looking to buy, despite active listings sitting 27% below the same period last year. The board reports "that at no point this year has the number of homes listed for sale exceeded 14,000, whis is the first time this has occured in the region since 2007."

Here are the hightlights

• We saw a 14.5% increase in residential property sales in September 2015 compared to September 2014
• September 2015's sales were 32.9% above the 10-year sales average for the month
• The September sales-to-active-listings ratio was 31% for all Metro Vancouver, a strong seller's market
• The September sales-to-active listings ratio for North Vancouver detached properties was 54.3%
• The September sales-to-active listings ratio for North Vancouver condos & townhouses was 43%
• The September sales-to-active listings ratio for West Vancouver detached properties was 14.4%
• The September sales-to-active listings ratio for Coal Harbour condos was 22%
• Sales of detached properties in September 2015 were on part with September 2014 and 24.3% higher than September 2013
• Sales of apartment properties in September 2015 were 28.7% higher than September 2014 and 50.2% higher than September 2013
• Sales of attached properties in September 2015 were 17.2% higher than September 2014 and 23.1% higher than September  2013

Click here for your full report: REBGV Metro Vancouver September 2015 Residential Sales

If you have any question on how to captialize on the current trends in your micro market, don't hesitate to give us a call! 604.644.3634

Dodi and Rachael

*Areas covered in the Real Estate Board of Greater Vancouver's report include: Whistler, Sunshine Coas, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta

“More homes were sold in BC during the first eight months of the year than in the entire 12 months of 2012.” 

Read the full report from The BC Real Estate Association here: BC Real Estate Association August 2015

If changing lifestyles has you on the move this year, we are here to make it happen. The timing has never been better to sell! 

Best Regards

Dodi & Rachael

The August 2015 Metro Vancouver Housing #'s are here and many buyers spent the summer searching for their new home. This year we did not see the tradtional seasonal slowdown in any of our residential markets. Between June and August home sales were 25-30% above the 10 year average. Buyers are motivated but facing stiff competition due to active listing inventory 26.2% below the same period in 2014.

Here are the hightlights

• We saw a 21.3% increase in residential property sales in August 2015 compared to August 2014
• August 2015's sales were 27.9% above the 10-year sales average for the month
• The August sales-to-active-listings ratio was 30.9% for all Metro Vancouver, a strong seller's market
• The August sales-to-active listings ratio for North Vancouver detached properties was 63.5%
• The August sales-to-active listings ratio for North Vancouver condos & townhouses was 37.4%
• The August sales-to-active listings ratio for West Vancouver detached properties was 19%
• The August sales-to-active listings ratio for Coal Harbour condos was 40%
• Sales of detached properties in August 2015 were 11.4% higher than August 2014 and 22.6% higher than August 2013
• Sales of apartment properties in August 2015 were 32.7% higher than August 2014 and 46.8% higher than August 2013
• Sales of attached properties in August 2015 were 18.7% higher than August 2014 and 30.2% higher than  August 2013

Click here for your full report: REBGV Metro Vancouver August 2015 Residential Sales

If you have any question on how to captialize on the current trends in your micro market, don't hesitate to give us a call! 604.644.3634

With todays market conditions, now is a great time to make a move! If you are planning on changing your lifestyle this year, we want to help you maket the right move! Let's talk 604.644.3634

Dodi and Rachael

*Areas covered in the Real Estate Board of Greater Vancouver's report include: Whistler, Sunshine Coas, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta