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November Numbers

November Numbers
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Written by Alan Skinner   
Friday, 15 December 2006

Now information on OUR North Shore?  Number of N/Van detached sales is 4% lower than 2005 YTD. Average prices +15% and inventory up 12% over last year. On the attached (t/hse) front, sales numbers down 9% while apt sales were down 12%.  Average prices up 17% (t/hse) and up by 14% for apartments. “Leveling off” continues but all prices markedly up over last year. Inventory (t/hse) up from ‘05, by 13%, and (apt) up from ’05 by 22%.


In W/Van, detached unchanged as to number of sales 05/06 YTD.  Average price +19% YTD and inventory now at 15% higher than ‘05. On the condo side – attached (t/hses) sold are up 1% YTD over 2005; average price change up 3%.  Active listings down 17% from last year. Apts reflect 12% fewer sold vs. ‘05; with average prices up 37% and active listings 25% lower at 77 units.  The North Shore maintains healthy (though seasonally gentler) demand and inventory certainly not at all high enough to approximate a balanced market.
 
Thanks to all of you who asked for the “The When & Where Check List” to assist with the creation of an action plan for downsizing/moving. Remember to E-mail me at This email address is being protected from spam bots, you need Javascript enabled to view it and I’ll be only too happy to forward a copy to you. Remember that OnTopOfTheMarket.ca is the place to visit for North Shore R/E information. This work in progress strives to be the “go to” site for North Shore Real Estate analysis. A jumping off point for FULL market listing information.

 

 

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