Saturday, April 14, 2012

SFH stats

Last 30 days Active/Sold

Please work out the MOI yourselves

1) Maple Ridge

651/45

2) Pitt Meadows

49/12

3) Sunshine Coast

589/31

4) Richmond

990/80

5) Vancouver West

875/110

6) West Vancouver

440/60

7) Burnaby

455/71

8) Squamish

192/11

9)Port Moody

123/13

10)Surrey

2165/218

11)Abbotsford

747/49

12)Mission

515/26

13)Cloverdale

299/33

14)Langley

830/96

15) North Van

292/96

........

Van West Attached:

2313/303

Richmond Attached

1415/135

Surrey

1750/150

15 comments:

  1. thanx buddy, those numbers rock.

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  2. HOLY CRAP.

    this is looking like a 10-car pile-up happening in slow-mo. Richmond is going to be a bloody mess, and it's only APRIL.

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  3. Basically, It appears that the bubble is confined to North Van.

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  4. This comment has been removed by the author.

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  5. Here are the MOIs (you're welcome :)


    1) Maple Ridge: 14.47
    2) Pitt Meadows: 4.08
    3) Sunshine Coast: 19
    4) Richmond: 12.38
    5) Vancouver West: 7.95
    6) West Vancouver: 7.33
    7) Burnaby: 6.41
    8) Squamish: 17.45
    9)Port Moody: 9.46
    10)Surrey: 9.93
    11)Abbotsford: 15.24
    12)Mission: 19.81
    13)Cloverdale: 9.06
    14)Langley: 8.65
    15) North Van: 3.04
    Van West Attached: 7.63
    Richmond Attached: 10.48
    Surrey Attached: 11.67

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  6. Thanks Makaya- it takes me long enough to gather the data, the MOIs were beyond me this week :)

    Pretty bearish stats. Fingers crossed.

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    Replies
    1. Squamish, Mission and Sunshine Coast #s are dramatic...

      Close to us, Richmond is cooked. Can't feel sorry for all those who won the bidding wars last year...

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  7. So not used to numbers like that my eyes, blurry, old habits die hard, I don't know what, saw it like this: Van West attached 313 active 303 sold. But that's clearly not the case when it's 2313/303.

    Holy! But how unusual are these numbers, Fish? Are there normally 10 times the amount of properties on the market per how many sold each month? Thanks for these by the way. I hope the duct tape didn't nearly fall off when you saw some of these.

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    Replies
    1. Egg the numbers for this time of year is very unusual. I guess we have just hit the ceiling of affordability. To change course we will need a driver:

      Lower rates- not much room for that
      More Mainland Chinese buyers- always possible but select areas and multi-projects
      Government stupidity- yup, always possible and in fact likely.

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    2. stupidity ... NAH
      cahoots ..... YEAH with the industries and their global fat cats club

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  8. Makaya,

    I wouldn't get too excited by Richmond numbers. The main reason Richmond has dried up is because of fear and superstition. I'm sure you know about the post-Japanese tsunami freak out by HAM buyers who then went on to drive up everywhere else. This could reverse itself the moment the herd thinks Richmond is cheap enough to offset the risks of The Big One. The whole thing makes me sick. The greed and the superstition.

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  9. Reading with intrigue....just sold town house in North Van and renting, will wait..but N van is still looking very bubbly ...is there a reason for this? anyone able to explain, please? and thanks.

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    Replies
    1. I suspect that West Van has reached such stratospheric prices with the-bueyrs-from-you-know-where that North van is looked upon as a cheaper alternative.

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