City of Victoria, Detached Price Index, and more!
By Greg - Posted on March 31st, 2008
Hat tip to Roger, here is a place to check if you want to look at graphs of house prices in various areas around BC. This link will take you to a graph of City of Victoria apartment prices. The graph reproduced above via a screen print shows house prices in the period from 2001 to 2008. There doesn't appear to be a positive trend forming so far this spring. Will the trend reverse?
The mood around the local bear blogs would seem to be: not this time.
New VREB stats are due tomorrow, I will try to post some graphs and numbers then.
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VREB RELEASES NUMBERS!! MARCH REAL ESTATE STATS
SFH Average Sales Price (GV) UP 9.9K Mar-08 597.2k *** Feb-08 587.3K Mar-07 542.5K *** Feb-07 534.1K
SFH Median Sales Price (GV) DOWN 13.9K Mar-08 529.6K *** Feb-08 543.5K Mar-07 489.9K *** Feb-07 472.0K
MLS Sales DOWN 15% YOY Mar-08 707 *** Feb-08 619 Mar-07 833 *** Feb-07 707
New MLS listings UP 6% YOY Mar-08 1390 *** Feb-08 1260 Mar-07 1315 *** Feb-07 1205
Active MLS listings UP 17% YOY Mar-08 3591 *** Feb-08 3311 Mar-07 3079 *** Feb-07 2919
Zzzzzzz. No wonder no one comes here