Victoria real estate sales increasing but well off last year’s pace

Times Colonist- Real estate sales in Greater Victoria increased in October compared to the previous month but remained well off the pace from a year ago.

Data released this morning from the Greater Victoria Real Estate Board showed the number of property sales sold through the Multiple Listing Service during October hit 467. That was up 18 per cent from the 395 sales in September, but a 37-per-cent decline from the 742 sales in October of 2009 as buyers remain cautious amid a recovering economy

Prices for all types of homes were also on the increase…

Victoria real estate sales increasing but well off last year’s pace

Canadian housing sales rise for second-straight month

The Vancouver Sun- Housing sales rose in September for a second straight month, while average prices reversed a negative trend with a 1.9 per cent increase from August, the Canadian Real Estate Association said Friday.

The Ottawa-based group said sales in September climbed three per cent from August on a seasonally adjusted basis. It was the highest number of sales since last May.

At the same time prices also showed some growth. The average sale price across the Multiple Listing Service last month was $331,089, on par with where it stood a year ago, and an increase from $324,928 in August…

Canadian housing sales rise for second-straight month

B.C. real estate sales beat previous month in September

The Vancouver Sun- British Columbia in September saw more real estate sales than August, which was the second month in a row sales beat the previous month, the British Columbia Real Estate Association reported Wednesday.

Realtors saw 5,511 homes sold through the realtor-controlled Multiple Listing Service in September, which was 36-per-cent lower than the frenetic levels of the same month a year ago, but slightly above August levels on a seasonally adjusted basis.

“Market conditions have improved, with the months of supply declining from 11.1 in June to 8.9 in September,” association chief economist Cameron Muir said in a news release. “A balanced market typically exhibits five to seven months of supply…”

B.C. real estate sales beat previous month in September

B.C. posts dramatic drop in July real estate sales

The Vancouver Sun- A year ago, British Columbia’s real estate markets were rising to a peak in sales. In July, they dramatically fell off it.

Sharp drops in sales in B.C.’s biggest markets led the province to a 42-per-cent decline in July sales through the Multiple Listing Service compared with the same month a year ago, the B.C. Real Estate Association reported Thursday.

"What we’ve seen is that the province was buoyed up by Vancouver, Victoria and to some extent the Fraser Valley earlier in the year as those markets were very strong indeed," Cameron Muir, the association’s chief economist, said in an interview.

"Now of course, those markets have shifted back toward being more in favour of buyers, so they’ve brought the entire province into that category…”

B.C. posts dramatic drop in July real estate sales

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