Jane Johnston* Real Estate Blog, *Personal Real Estate Corporation

Bridging the Gap Between You and Your Next Home.
Welcome to Jane Johnston* Real Estate Blog, *Personal Real Estate Corporation Sign in | Help

The Briar Hill Group

November Home Sales Second Strongest on Record

For immediate release

November Home Sales Second Strongest on Record

Vancouver, BC – December 14, 2015. The British Columbia Real Estate Association (BCREA) reports that a total of 8,032 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in November, up 34.5 per cent from the same month last year. Total sales dollar volume was $5.38 billion, up 56.4 per cent compared to the previous year. The average MLS® residential price in the province rose to $668,317, up 16.3 per cent from November 2014.

“Housing demand last month was the second strongest ever recorded for the month of November,” said Cameron Muir, BCREA Chief Economist. “You’d need to look all the way back to the frenetic market of 1989 to find more homes trading hands in November.“

The largest increase in consumer demand occurred in the Fraser Valley, where home sales climbed over 60 per cent from November 2014. Vancouver and Chilliwack experienced an increase of over 40 per cent, while Kamloops home sales were up 30 per cent.

The year-to-date, BC residential sales dollar volume increased 35.4 per cent to $60.7 billion, when compared with the same period in 2014. Residential unit sales climbed by 21.5 per cent to 95,927 units, while the average MLS® residential price was up 11.4 per cent to $632,209.

Published Tuesday, December 15, 2015 11:47 AM by Jane Johnston Personal Real Estate Corporation M.E

Comment Notification

Subscribe to this post's comments using RSS

Comments

 

Roman Erdman said:

Thank you so much for the information.I think, it is on the grounds that a man's home fills in as the best impression of an identity outwardly world. One can't live some place for a considerable length of time without leaving a sort of trail, a sort of deposit of oneself.

https://www.sovinco.com/assignment_writing.php

November 14, 2017 2:03 AM
 

Randolpha9 said:

According to this post November is good month for the real estate business people because a record home sales done in that month. Some very interesting and valuable points regarding home selling  contain this site. However, I want to know about http://www.thesuperiorpapers.org/ but hope this information is good for a common person as well.

April 12, 2018 11:49 PM

Leave a Comment

(required)
(optional)
(required)
Submit

About Jane Johnston Personal Real Estate Corporation M.E

Jane Johnston was a winner of an VREB MLS® Silver Award in 2007 and 2008 and 2010, and MLS® Gold Award Winner in 2010. Jane was Pemberton Holmes' top new REALTOR® in her first year and has consistently been a top 1% performing realtor at Pemberton. Jane is focused on providing you with top-rated service.