{"id":490,"date":"2017-07-12T13:43:00","date_gmt":"2017-07-12T17:43:00","guid":{"rendered":"http:\/\/www.kanavero.com\/blog\/?p=490"},"modified":"2017-08-04T19:20:24","modified_gmt":"2017-08-04T23:20:24","slug":"real-estate-market-report-july-2","status":"publish","type":"post","link":"https:\/\/www.kanavero.com\/blog\/2017\/07\/real-estate-market-report-july-2\/","title":{"rendered":"Real Estate Market Report – June"},"content":{"rendered":"

Home Sales Edging Back to Record Levels<\/h2>\n

\u201cWhile sales are inching closer to the record-breaking pace of 2016, the market itself looks\u00a0different. Sales last year were driven by demand for single-family homes. This year, it’s clear\u00a0that townhomes and condominiums are leading the way,\u201d said Oudil. \u201cIt\u2019s important to work\u00a0with your local REALTOR\u00ae to understand the different factors affecting the market today.\u201d<\/p>\n

Sales of detached properties in June 2017 reached 1,320, a decrease of 15.5 per cent from the\u00a01,562 detached sales recorded in June 2016. The benchmark price for detached properties is\u00a0$1,587,900. This represents a 1.4 per cent increase from June 2016 and a 1.1 per cent increase\u00a0compared to May 2017.<\/p>\n

Sales of apartment properties reached 1,905 in June 2017, a decrease of 9.6 per cent compared to\u00a0the 2,108 sales in June 2016. The benchmark price of an apartment property is $600,700. This\u00a0represents a 17.6 per cent increase from June 2016 and a 2.9 per cent increase compared to May\u00a02017. \u00a0Attached property sales in June 2017 totalled 668, a decrease of 8.5 per cent compared to the 730\u00a0sales in June 2016. The benchmark price of an attached unit is $745,700. This represents a 10.7\u00a0per cent increase from June 2016 and a 0.6 per cent increase compared to May 2017.<\/p>\n

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Taken from: Real Estate Board of Greater Vancouver<\/p>\n

Photo by:\u00a0@vancouverlife<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home Sales Edging Back to Record Levels \u201cWhile sales are inching closer to the record-breaking pace of 2016, the market itself looks\u00a0different. Sales last year were driven by demand for … [read more<\/a>]<\/p>\n","protected":false},"author":5,"featured_media":493,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/posts\/490"}],"collection":[{"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/comments?post=490"}],"version-history":[{"count":6,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/posts\/490\/revisions"}],"predecessor-version":[{"id":509,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/posts\/490\/revisions\/509"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/media\/493"}],"wp:attachment":[{"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/media?parent=490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/categories?post=490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/tags?post=490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}