City of Vancouver Condo Sales Report Slowest May Since 2001 – Ellie Pourian

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The statistical charts for Vancouver WA Condos in this report (prepared by Vancouver WA Condo Listing Broker John Slocum, our resident statistician) are based on condo sales recorded in the vancouver mls system (rmls), excluding sales of newly constructed condos; and shows the purchase activity since 2009; charting the 3 month Moving average.

 · The 2006 deficit through May was $227 billion, down from $273 billion at this time last year. Spending is up $130 billion, or 7.9%. The CBO forecast in May that the 2006 deficit could fall as low as $300 billion. Michael Englund, chief economist of Action Economics, has long expected a deficit of about $270 billion this year.

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The Real Estate Board of Greater Vancouver saw 2,579 sales of detached houses, condos and townhomes in its territory last month, down 27.4 per cent from 3,553 transactions in April, 2017. Last month’s total transactions of resale properties marked the lowest level for April since 2,253 homes traded hands in that month in 2001.

Greater Vancouver condo sales reached 18,193 units in 2017; in December they were up 12% and benchmark prices were up 26% compared with a year earlier. So far, the pace has not slowed.

Mac has sold 14,000 condominiums since 2001. The condo demand in downtown Calgary is being led by young urbanites tired of the sprawling suburbs that characterize Alberta’s biggest city, McNeill said

Vancouver’s $55-million condo the biggest residential real estate deal in Canadian history. It’s an amazing price to pay for a condo in Vancouver, but it’s not your ordinary property.

Ambitious people leaving Vancouver on Vancouver Condo Info | The economy in this city is broken. I can no longer count on two hands the number of friends and. The economy in this city is broken.

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