{"id":420,"date":"2015-12-14T07:28:12","date_gmt":"2015-12-14T15:28:12","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=420"},"modified":"2015-12-14T07:30:32","modified_gmt":"2015-12-14T15:30:32","slug":"november-home-sales-second-strongest-on-record","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2015\/12\/november-home-sales-second-strongest-on-record\/","title":{"rendered":"November Home Sales Second Strongest on Record"},"content":{"rendered":"<p style=\"text-align: justify;\">Vancouver, BC \u2013 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\u00ae (MLS\u00ae) in November, up 34.5% from the same month last year. Total sales dollar volume was $5.38 billion, up 56.4% compared to the previous year. The average MLS\u00ae residential price in the province rose to $668,317, up 16.3% from November 2014.<\/p>\n<p style=\"text-align: justify;\">\u201cHousing demand last month was the second strongest ever recorded for the month of November,\u201d said Cameron Muir, BCREA Chief Economist. \u201cYou\u2019d need to look all the way back to the frenetic market of 1989 to find more homes trading hands in November.\u201c<\/p>\n<p style=\"text-align: justify;\">The largest increase in consumer demand occurred in the Fraser Valley, where home sales climbed over 60% from November 2014. Vancouver and Chilliwack experienced an increase of over 40%, while Kamloops home sales were up 30%.<\/p>\n<p style=\"text-align: justify;\">The year-to-date, BC residential sales dollar volume increased 35.4% to $60.7 billion, when compared with the same period in 2014. Residential unit sales climbed by 21.5% to 95,927 units, while the average MLS\u00ae residential price was up 11.4% to $632,209.<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0 <a href=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2015\/12\/bcea.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-422\" src=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2015\/12\/bcea-300x171.jpg\" alt=\"bcea\" width=\"527\" height=\"301\" srcset=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2015\/12\/bcea-300x171.jpg 300w, https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2015\/12\/bcea.jpg 329w\" sizes=\"auto, (max-width: 527px) 100vw, 527px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.bcrea.bc.ca\/docs\/news-2015\/2015-11.pdf\" target=\"_blank\">Click here<\/a> for the complete news release, including detailed statistics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vancouver, BC \u2013 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\u00ae (MLS\u00ae) &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2015\/12\/november-home-sales-second-strongest-on-record\/\">read more<\/a>]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"class_list":["post-420","post","type-post","status-publish","format-standard","hentry","category-market-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>November Home Sales Second Strongest on Record &#8226; Rory C Real Estate | Oakwyn Realty<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.roryc.ca\/blog\/2015\/12\/november-home-sales-second-strongest-on-record\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"November Home Sales Second Strongest on Record &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Vancouver, BC \u2013 December 14, 2015. 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