Home > Uncategorized > Summary of Vancouver 5 major cities in the first half of 2011

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.com

http://www.TinaMak.ca 温哥华中文地產綱站

http://www.GenYrealestate.ca

604-412-5860 

Advertisements
Categories: Uncategorized
  1. No comments yet.
  1. No trackbacks yet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: