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Attached are the Sales and Listings Stats updated to January 27th. Units sold are up from December 2012 with new listings in January at lower levels than January 2012. With less inventory coming on the market at prices more accepting to buyers we are seeing activity increase. While there is still a significant amount of stale inventory on the market, new listings are getting the attention of buyers. This trend should continue as we move into the Spring market. Buyers will be eager to see listings come on market at today’s prices with sellers realistic with today’s prices having a better chance of achieving a sale.

Sales and Listings Stats Regional

Sales and Listings Stats Houses, Townhouses and Condos

 

Summary of January 2013 so far:

  

Greater Vancouver All Residential: Total Units Sold in so far in January is 1,057 should finish at 1,300 – up from 1,171 in December 2012, 4,374 New Listings so far in January, we should see Month’s Supply of Listings drop to 11 from 12 (Buyer’s Market is above 7).

 

Vancouver Westside All Residential: Total Units Sold in so far in January is 244 should finish at 300 – up from 235 in December 2012, 917 New Listings so far in January, we should see Month’s Supply of Listings drop to 9 from 11 (Buyer’s Market is above 7).

 

Vancouver Eastside All Residential: Total Units Sold in so far in January is 105 should finish at 140 – up from 124 in December 2012, 364 New Listings so far in January, we should see Month’s Supply of Listings drop to 8 from 7 (Buyer’s Market is above 7).

 

North Vancouver All Residential: Total Units Sold in so far in January is 76 should finish at 100 – up from 90 in December 2012, 312 New Listings so far in January, we should see Month’s Supply of Listings stay at 8 (Buyer’s Market is above 7).

 

West Vancouver All Residential: Total Units Sold in so far in January is 38 should finish at 45 – up from 38 in December 2012, 161 New Listings so far in January, we should see Month’s Supply of Listings drop from 15 to 13 (Buyer’s Market is above 7).

 

Richmond All Residential: Total Units Sold in so far in January is 134 should finish at 190 – up from 139 in December 2012, 633 New Listings so far in January, we should see Month’s Supply of Listings drop from 14 to 10 (Buyer’s Market is above 7).

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