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http://vancouverisla...march-1.3346846
Victoria housing inventory could hit record low for March
Victoria Real-Estate Board statistics
Started by
MarkoJ
, Dec 30 2011 11:37 AM
2714 replies to this topic
#1101
VicHockeyFan
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Posted 29 March 2017 - 08:41 PM
<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>
#1102
LeoVictoria
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Posted 30 March 2017 - 05:00 AM
Just to be clear, the quote about the number of properties added is referencing from the start of the year. So for example in 2015 we were up 600 properties by this point, compared to only about 120 this year.
#1103
MarkoJ
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Posted 03 April 2017 - 08:13 AM
Victoria Real Estate Board
Mon Apr 3, 2017:
Mar Mar
2017 2016
Net Unconditional Sales: 929 1,121
New Listings: 1,217 1,445
Active Listings: 1,556 2,618
Please Note
Left Column: stats for the entire month from this year
Right Column: stats for the entire month from last year
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#1104
jonny
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Posted 03 April 2017 - 09:58 AM
It would be interesting to see the percentage of sales to listings over time. While sales are down, the percentage of sales to active listings for March is up from 43% to 60%, for instance.
#1105
VicHockeyFan
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Posted 03 April 2017 - 10:17 AM
- Janion Fan likes this
<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>
#1106
LeoVictoria
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Posted 03 April 2017 - 12:26 PM
It would be interesting to see the percentage of sales to listings over time. While sales are down, the percentage of sales to active listings for March is up from 43% to 60%, for instance.
Third chart on this page: https://househuntvic...market-summary/
And yes, you are correct.
#1108
Janion Fan
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Posted 03 April 2017 - 01:58 PM
CUTE as a BUG....sure hope FIRST Time Home CRIER see it. Not SURE why the REALTOR felt the need to SHOUT though.
- shoeflack likes this
#1109
FirstTimeHomeCrier
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Posted 03 April 2017 - 03:06 PM
CUTE as a BUG....sure hope FIRST Time Home CRIER see it. Not SURE why the REALTOR felt the need to SHOUT though.
I enjoyed the realtor speculating on why the price was so low as if they weren't involved in the decision.
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#1110
VicHockeyFan
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Posted 07 April 2017 - 07:20 AM
- Matt R. likes this
<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>
#1111
MarkoJ
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Posted 10 April 2017 - 10:17 PM
Mon April 10, 2016:
Apr Apr
2017 2016
Net Unconditional Sales: 255 1,286
New Listings: 419 1,590
Active Listings: 1,661 2,594
Please Note
Left Column: stats so far this month
Right Column: stats for the entire month from last year
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#1112
MarkoJ
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Posted 18 April 2017 - 08:43 AM
Tues April 18, 2016:
Apr Apr
2017 2016
Net Unconditional Sales: 464 1,286
New Listings: 681 1,590
Active Listings: 1,652 2,594
Please Note
Left Column: stats so far this month
Right Column: stats for the entire month from last year
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#1113
MarkoJ
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Posted 24 April 2017 - 08:20 AM
Mon April 24, 2016:
Apr Apr
2017 2016
Net Unconditional Sales: 650 1,286
New Listings: 975 1,590
Active Listings: 1,724 2,594
Please Note
Left Column: stats so far this month
Right Column: stats for the entire month from last year
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#1114
MarkoJ
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- LocationVictoria
Posted 01 May 2017 - 08:21 AM
Victoria Real Estate Board
Mon May 1, 2017:
Apr Apr
2017 2016
Net Unconditional Sales: 885 1,286
New Listings: 1,270 1,590
Active Listings: 1,690 2,594
Please Note
Left Column: stats for the entire month from this year
Right Column: stats for the entire month from last year
Marko Juras, REALTOR® & Associate Broker | Gold MLS® 2011-2023 | Fair Realty
www.MarkoJuras.com Looking at Condo Pre-Sales in Victoria? Save Thousands!
#1115
Nparker
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Posted 01 May 2017 - 08:24 AM
Sales at 68% of last April and inventory at 65%. Prices aren't coming down anytime soon.
- rjag likes this
#1116
rjag
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- LocationSi vis pacem para bellum
Posted 01 May 2017 - 09:32 AM
Nope, and no amount of government interference will change that fact.
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#1117
LeoVictoria
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Posted 01 May 2017 - 11:38 AM
Nope, and no amount of government interference will change that fact.
All the government interference did just fine to drive up prices.
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#1118
rjag
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- LocationSi vis pacem para bellum
Posted 01 May 2017 - 11:49 AM
All the government interference did just fine to drive up prices.
Yup, you'd think they'd learn....
- jonny likes this
#1119
Jason-L
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Posted 01 May 2017 - 12:31 PM
All the government interference did just fine to drive up prices.
Well, I suspect the prices were going to be going up in any case. It's hard to tell right now if the government regulation actually slowed that price increase at all.
#1120
manuel
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Posted 01 May 2017 - 09:15 PM
Likely a typical regulatory response - form policy options, present to stakeholders and politicians, work up the response that won't upset key stakeholders.
Invariably this leads to only incremental changes that don't actually solve the root cause of the problem or fundamentally work to change behaviour.
for the housing market to regain sanity, all one would need to do is make banks hold more than a nominal amount of risk. Instead, the approach was to tighten the screws here and there, hoping likely without evidence that it would work.
note: have owned for the past few years, thought the markets were irrational for a lot longer, and still do.
Invariably this leads to only incremental changes that don't actually solve the root cause of the problem or fundamentally work to change behaviour.
for the housing market to regain sanity, all one would need to do is make banks hold more than a nominal amount of risk. Instead, the approach was to tighten the screws here and there, hoping likely without evidence that it would work.
note: have owned for the past few years, thought the markets were irrational for a lot longer, and still do.
"I know nothing"
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