{"id":630,"date":"2016-01-15T08:57:06","date_gmt":"2016-01-15T16:57:06","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=630"},"modified":"2016-01-15T08:57:18","modified_gmt":"2016-01-15T16:57:18","slug":"december-smashes-home-sales-record-2015-enters-record-book","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2016\/01\/december-smashes-home-sales-record-2015-enters-record-book\/","title":{"rendered":"December Smashes Home Sales Record &#038; 2015 Enters Record Book"},"content":{"rendered":"<p style=\"text-align: justify;\">Vancouver, BC \u2013 January 15, 2016. The British Columbia Real Estate Association (BCREA) reports that a record number of home sales were recorded in the province for the month of December. A total of 6,590 residential unit sales were recorded by the Multiple Listing Service\u00ae (MLS\u00ae) last month, up 29.8% from the same month the previous year. Total sales dollar volume hit a record $4.62 billion for the month of December, up 55.4% compared to the previous year.<\/p>\n<p style=\"text-align: justify;\">The average MLS\u00ae residential price in the province climbed above the $700,000 threshold for the first time in BC last month, rising 19.7 from December 2014 to $700,943.<\/p>\n<p style=\"text-align: justify;\">\u201cThe 2015 housing market finished in dramatic fashion, with record demand for month of December,\u201d said Cameron Muir, BCREA Chief Economist. \u201cBC home sales breached the 100,000 unit threshold in 2015, and it was only the third time on record that this high watermark was achieved.\u201d<\/p>\n<p style=\"text-align: justify;\">The combination of record home average home prices and near record annual unit sales prices propelled the dollar volume of MLS\u00ae residential to a record $65.3 billion in 2015, up nearly 37% from the previous year. The average annual residential price reached a record $636,627 last year, up 12% from 2014. A total of 102,517 residential unit sales were recorded, an increase of 22% compared to 2014. A record 106,310 residential unit sales were recorded in 2005, while the only other year eclipsing 2015 were 2007 when 102,805 unit sales were recorded.<\/p>\n<p style=\"text-align: justify;\">\u00a0\u00a0\u00a0\u00a0 <a href=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2016\/01\/bcrea.png\" rel=\"attachment wp-att-627\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-627\" src=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2016\/01\/bcrea-300x175.png\" alt=\"bcrea\" width=\"471\" height=\"275\" srcset=\"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2016\/01\/bcrea-300x175.png 300w, https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2016\/01\/bcrea.png 768w\" sizes=\"auto, (max-width: 471px) 100vw, 471px\" \/><\/a><\/p>\n<p><a href=\"http:\/\/www.bcrea.bc.ca\/docs\/news-2015\/2015-12.pdf\" target=\"_blank\">Click here<\/a> for the complete news release, including detailed statistics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vancouver, BC \u2013 January 15, 2016. The British Columbia Real Estate Association (BCREA) reports that a record number of home sales were recorded in the province for the month of &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2016\/01\/december-smashes-home-sales-record-2015-enters-record-book\/\">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-630","post","type-post","status-publish","format-standard","hentry","category-market-updates"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>December Smashes Home Sales Record &amp; 2015 Enters Record Book &#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\/2016\/01\/december-smashes-home-sales-record-2015-enters-record-book\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"December Smashes Home Sales Record &amp; 2015 Enters Record Book &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"Vancouver, BC \u2013 January 15, 2016. 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