{"id":595,"date":"2017-12-07T14:06:21","date_gmt":"2017-12-07T19:06:21","guid":{"rendered":"http:\/\/www.kanavero.com\/blog\/?p=595"},"modified":"2017-12-07T14:06:21","modified_gmt":"2017-12-07T19:06:21","slug":"real-estate-market-report-november-2","status":"publish","type":"post","link":"https:\/\/www.kanavero.com\/blog\/2017\/12\/real-estate-market-report-november-2\/","title":{"rendered":"Real Estate Market Report – November"},"content":{"rendered":"

 <\/p>\n

Metro Vancouver experience above-average demand and below-average supply<\/h2>\n

Metro Vancouver* saw modest home listing changes and steady demand in November.<\/p>\n

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,795 in November 2017, a 26.2 per cent increase from the 2,214 sales recorded in November 2016, and a 7.5 per cent decrease compared to October 2017 when 3,022 homes sold.<\/p>\n

Last month\u2019s sales were 17 per cent above the 10-year November sales average.<\/p>\n

\u201cWe\u2019re seeing steady demand in today\u2019s market. Home buyer activity is operating above our long-term averages, particularly in our townhome and condominium markets,\u201d Jill Oudil, REBGV president said.<\/p>\n

The total number of homes currently listed for sale on the MLS\u00ae system in Metro Vancouver is 8,747, a 4.3 per cent increase compared to November 2016 (8,385) and a 4.3 per cent decrease compared to October 2017 (9,137).<\/p>\n

Attached property sales in November 2017 totalled 446, an 18.6 per cent increase compared to the 376 sales in November 2016. The benchmark price of an attached unit is $805,200. This represents a 17.9 per cent increase from November 2016 and a 0.3 per cent increase compared to October 2017.<\/p>\n

\"\"<\/a><\/p>\n

\"\"<\/a><\/p>\n

\"\"<\/a><\/p>\n

\"\"<\/a><\/p>\n

\"\"<\/a><\/p>\n

\"\"<\/a><\/p>\n

\"\"<\/a><\/p>\n

\"\"<\/a><\/p>\n

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

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

  Metro Vancouver experience above-average demand and below-average supply Metro Vancouver* saw modest home listing changes and steady demand in November. The Real Estate Board of Greater Vancouver (REBGV) reports … [read more<\/a>]<\/p>\n","protected":false},"author":5,"featured_media":597,"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\/595"}],"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=595"}],"version-history":[{"count":4,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/posts\/595\/revisions"}],"predecessor-version":[{"id":609,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/posts\/595\/revisions\/609"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/media\/597"}],"wp:attachment":[{"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/media?parent=595"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/categories?post=595"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.kanavero.com\/blog\/wp-json\/wp\/v2\/tags?post=595"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}