Thursday, April 03, 2014

Greater Vancouver Market Snapshot March 2014

Below are updated sales, inventory, months of inventory, and sell-newlist ratio graphs for Greater Vancouver to March 2014. (See REBGV news releases.) (Click on images to enlarge.)

My estimates for March were for inventory of 14565 (actual 14472) and sales of 3127 (actual 2641) based on estimating average changes from February of years 2005-2013. Using the same technique estimates inventory and sales for April of 15620 and 2785 respectively (MOI=5.6).