Statistics released today by the Canadian Real Estate Association (CREA) show national home sales set another all-time record in January 2021.
- National home sales rose 2% on a month-over-month (m-o-m) basis in January.
- Actual (not seasonally adjusted) activity was up 35.2% year-over-year (y-o-y).
- The number of newly listed properties dropped by 13.3% from December 2020 to January 2021.
- The MLS® Home Price Index (HPI) rose 1.9% m-o-m and was up 13.5% y-o-y.
- The actual (not seasonally adjusted) national average sale price posted a 22.8% y-o-y gain in January.
Home sales recorded...
As always, thanks to my Clients for their support and for, "Trusting The Value" in what I can do for them. Congrats to all the other realtors.
During this year of unprecedented uncertainty, the Kidney Foundation, BC & Yukon branch was very pleased to have had the generous and continued support from Hafez Panju again in 2020. Since 2008, Hafez continues to contribute a percentage of his sales commission very generously to the BC Branch, bringing his total contribution to over $28,592.
Kidney disease is a serious disease with no cure. 1 in 10 Canadians has the disease. Kidney disease has grown at an alarming rate of 60% over the last 10 years - primarily due to risk factors that have also been on the rise: diabetes and heart disease....
In the first month of 2021, Metro Vancouver’s* housing market continued the pattern set at the end of last year with home sale activity outpacing the supply of homes listed for sale.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1 per cent increase from the 1,571 sales recorded in January 2020, and a 22.8 per cent decrease from the 3,093 homes sold in December 2020.
Last month’s sales were 36.4 per cent above the 10-year January sales average.
“With home sale activity well above our January...
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.