iHere are the latest Vancouver area housing statistics for October (thanks to VHMB):
- House listings in October: +19%
- Condo listings in October: +29%
- October house sales: -13%
- October condo sales: -19.5%
The above figures represent year-over-year data (e.g. October 2006 vs. October 2005). Read more of VHMB’s post: here
Other notables:
- Parts of Alberta are also cooling off ( Edmonton Sun Story)
- 42% of Vancouver condos coming to market 9/1 to 10/31 remain unsold ( Vancouver Sun Story )
- Calgary prices still rose 1.1% in October despite a flood of new listings ( Calgary Sun story )
- Toronto’s housing prospects aren’t much better. This Toronto Star article cites forecasts of only 1.8% gains in 2007, the lowest in 10 years.
