Summary of Vancouver 5 major cities in the first half of 2011
Please click Podcast(Part 1) and(Part 2) listen to Cantonese interview
There are a few Economists predicted Vancouver housing market is going to drop. They range from 1.6% in the 2nd half of 2011, 15% by 2012 & 25% within 3 years. Back to 2008, Economists predict Vancouver market was going to drop as big as 35%. However, I shared with the listeners in the past that even Economists said their accuracy maybe 20%-30%. I feel that the world leaders have learned a good lesson from 2008. I logically think they will do their best to avoid it repeats the 2008 situation again. I always said the weather forecasts can only forecast the next couple of days, can I believe in their 3 yrs prediction? No matter we hear positive or negative news, I hope we don’t treat these news like watching the stock market.
There are 4 major cities in Lower Mainland & 1 city in the Fraser Valley area that are popular to the Chinese new immigrants. Let’s me start to share the following areas with you:
Richmond | |||
Total | over | at | |
Jan | 206 | 77 | 17 |
Feb | 251 | 88 | 21 |
March | 207 | 57 | 19 |
April | 138 | 27 | 8 |
May | 145 | 18 | 7 |
June | 147 | 11 | 7 |
July | 53 | 7 | 3 |
West Vancouver | |||
Total | over | at | |
Jan | 64 | 6 | 4 |
Feb | 111 | 18 | 7 |
March | 135 | 28 | 10 |
April | 149 | 31 | 14 |
May | 160 | 46 | 8 |
June | 116 | 27 | 6 |
July | 44 | 8 | 2 |
White Rock | |||
Total | over | at | |
Jan | 114 | 15 | 10 |
Feb | 180 | 29 | 7 |
March | 231 | 48 | 24 |
April | 208 | 22 | 13 |
May | 184 | 19 | 4 |
June | 115 | 17 | 12 |
July | 43 | 3 |
Burnaby | |||
Total | over | at | |
Jan | 83 | 17 | 2 |
Feb | 135 | 30 | 6 |
March | 153 | 57 | 5 |
April | 152 | 58 | 6 |
May | 144 | 59 | 9 |
June | 101 | 32 | 9 |
July | 48 | 13 | 3 |
Vancouver West | |||
Total | over | at | |
Jan | 168 | 53 | 11 |
Feb | 261 | 114 | 17 |
March | 258 | 109 | 16 |
April | 214 | 81 | 13 |
May | 239 | 80 | 13 |
June | 180 | 66 | 10 |
July | 65 | 24 | 3 |
Tina Mak Personal Real Estate Corporation
Vancouver Radio Realtor AM1320
The Bridge from East to West since 1992
http://www.TinaMak.ca 温哥华中文地產綱站
604-412-5860