{"id":7655,"date":"2017-12-12T10:10:14","date_gmt":"2017-12-12T18:10:14","guid":{"rendered":"http:\/\/www.roryc.ca\/blog\/?p=7655"},"modified":"2017-12-05T12:18:34","modified_gmt":"2017-12-05T20:18:34","slug":"vancouver-home-sales-up-26-prices-up-14-year-over-year","status":"publish","type":"post","link":"https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/","title":{"rendered":"Vancouver Home Sales Up 26% &#038; Prices Up 14% Year-Over-Year"},"content":{"rendered":"<p style=\"text-align: justify;\">In November, two months before new federal rules that will make it more difficult for some Canadians to buy property come into place, sales of all home types jumped across Metro Vancouver, according to new data from the Real Estate Board of Greater Vancouver (REBGV), and prices also increased across the board.<\/p>\n<p style=\"text-align: justify;\">A total of 2,795 homes changed hands in November, which is a 26.2% increase compared with the same month last year. The benchmark sales price for all home types was $1,046,900 \u2013 a 14% year-over-year jump and an increase of 0.4% compared with October.<\/p>\n<p style=\"text-align: justify;\">\u201cWe\u2019re seeing steady demand in today\u2019s market,\u201d said REBGV president Jill Oudil.<\/p>\n<p style=\"text-align: justify;\">\u201cHomebuyer activity is operating above our long-term averages, particularly in our townhome and condominium markets.\u201d<\/p>\n<p style=\"text-align: justify;\">The number of detached home sales reached 841, which is up 31.8% compared with November 2016. The benchmark home price for this property type increased 6.1% over the year, reaching $1,608,000.<\/p>\n<p style=\"text-align: justify;\">A total of 1,508 apartments sold in the month \u2013 up 25.7% compared with last year. The benchmark price jumped 23.9% to $648,200.<\/p>\n<p style=\"text-align: justify;\">Townhome sales increased 18.6% to 446 in November. This is up 18.6% year-over-year. The benchmark price increased 17.9% over the year, reaching $805,200.<\/p>\n<p style=\"text-align: justify;\">According to the board, November\u2019s total sales were 17% higher than the 10-year average for the month.<\/p>\n<p style=\"text-align: justify;\">REBGV data includes sales that take place in Vancouver, West Vancouver, North Vancouver, Burnaby, Coquitlam, New Westminster, Richmond, Port Moody, Port Coquitlam, Pitt Meadows, Maple Ridge, South Delta, Whistler, the Sunshine Coast and Squamish. It does not include Surrey or Langley.<\/p>\n<p><a href=\"https:\/\/www.biv.com\/article\/2017\/12\/vancouver-home-sales-26-prices-14-year-over-year-r\/\" target=\"_blank\" rel=\"noopener\">REBGV : Vancouver Home Sales Up 26%, Prices Up 14% Year-Over-Year<\/a> by Emma Crawford Hampel | Business in Vancouver<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In November, two months before new federal rules that will make it more difficult for some Canadians to buy property come into place, sales of all home types jumped across &hellip; [<a href=\"https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/\">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-7655","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>Vancouver Home Sales Up 26% &amp; Prices Up 14% Year-Over-Year &#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\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:title\" content=\"Vancouver Home Sales Up 26% &amp; Prices Up 14% Year-Over-Year &#8226; Rory C Real Estate | Oakwyn Realty\" \/>\n<meta name=\"twitter:description\" content=\"In November, two months before new federal rules that will make it more difficult for some Canadians to buy property come into place, sales of all home types jumped across &hellip; [read more]\" \/>\n<meta name=\"twitter:creator\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:site\" content=\"@RoryClipsham\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Rory Clipsham\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2017\\\/12\\\/vancouver-home-sales-up-26-prices-up-14-year-over-year\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2017\\\/12\\\/vancouver-home-sales-up-26-prices-up-14-year-over-year\\\/\"},\"author\":{\"name\":\"Rory Clipsham\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"headline\":\"Vancouver Home Sales Up 26% &#038; Prices Up 14% Year-Over-Year\",\"datePublished\":\"2017-12-12T18:10:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2017\\\/12\\\/vancouver-home-sales-up-26-prices-up-14-year-over-year\\\/\"},\"wordCount\":261,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"articleSection\":[\"Market Updates\"],\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2017\\\/12\\\/vancouver-home-sales-up-26-prices-up-14-year-over-year\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2017\\\/12\\\/vancouver-home-sales-up-26-prices-up-14-year-over-year\\\/\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2017\\\/12\\\/vancouver-home-sales-up-26-prices-up-14-year-over-year\\\/\",\"name\":\"Vancouver Home Sales Up 26% & Prices Up 14% Year-Over-Year &#8226; Rory C Real Estate | Oakwyn Realty\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\"},\"datePublished\":\"2017-12-12T18:10:14+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2017\\\/12\\\/vancouver-home-sales-up-26-prices-up-14-year-over-year\\\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2017\\\/12\\\/vancouver-home-sales-up-26-prices-up-14-year-over-year\\\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/2017\\\/12\\\/vancouver-home-sales-up-26-prices-up-14-year-over-year\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Vancouver Home Sales Up 26% &#038; Prices Up 14% Year-Over-Year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/\",\"name\":\"Rory C Real Estate | Oakwyn Realty\",\"description\":\"Rory C Real Estate Updates | Home Selling &amp; Buying\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-CA\"},{\"@type\":[\"Person\",\"Organization\"],\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/#\\\/schema\\\/person\\\/0672b9777e67473b9bd9247df49499c7\",\"name\":\"Rory Clipsham\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"url\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"contentUrl\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\",\"width\":504,\"height\":504,\"caption\":\"Rory Clipsham\"},\"logo\":{\"@id\":\"https:\\\/\\\/www.roryc.ca\\\/blog\\\/wp-content\\\/uploads\\\/2019\\\/10\\\/RoryC-white-w-tagline.jpg\"},\"sameAs\":[\"http:\\\/\\\/www.roryc.ca\\\/\",\"https:\\\/\\\/www.facebook.com\\\/pg\\\/BurnabyandCoquitlamHomes\\\/about\\\/?ref=page_internal\",\"https:\\\/\\\/www.instagram.com\\\/roryclipshamhomes\\\/\",\"https:\\\/\\\/x.com\\\/RoryClipsham\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Vancouver Home Sales Up 26% & Prices Up 14% Year-Over-Year &#8226; Rory C Real Estate | Oakwyn Realty","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/","twitter_card":"summary_large_image","twitter_title":"Vancouver Home Sales Up 26% & Prices Up 14% Year-Over-Year &#8226; Rory C Real Estate | Oakwyn Realty","twitter_description":"In November, two months before new federal rules that will make it more difficult for some Canadians to buy property come into place, sales of all home types jumped across &hellip; [read more]","twitter_creator":"@RoryClipsham","twitter_site":"@RoryClipsham","twitter_misc":{"Written by":"Rory Clipsham","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/#article","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/"},"author":{"name":"Rory Clipsham","@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"headline":"Vancouver Home Sales Up 26% &#038; Prices Up 14% Year-Over-Year","datePublished":"2017-12-12T18:10:14+00:00","mainEntityOfPage":{"@id":"https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/"},"wordCount":261,"commentCount":0,"publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"articleSection":["Market Updates"],"inLanguage":"en-CA","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/","url":"https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/","name":"Vancouver Home Sales Up 26% & Prices Up 14% Year-Over-Year &#8226; Rory C Real Estate | Oakwyn Realty","isPartOf":{"@id":"https:\/\/www.roryc.ca\/blog\/#website"},"datePublished":"2017-12-12T18:10:14+00:00","breadcrumb":{"@id":"https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.roryc.ca\/blog\/2017\/12\/vancouver-home-sales-up-26-prices-up-14-year-over-year\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.roryc.ca\/blog\/"},{"@type":"ListItem","position":2,"name":"Vancouver Home Sales Up 26% &#038; Prices Up 14% Year-Over-Year"}]},{"@type":"WebSite","@id":"https:\/\/www.roryc.ca\/blog\/#website","url":"https:\/\/www.roryc.ca\/blog\/","name":"Rory C Real Estate | Oakwyn Realty","description":"Rory C Real Estate Updates | Home Selling &amp; Buying","publisher":{"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.roryc.ca\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-CA"},{"@type":["Person","Organization"],"@id":"https:\/\/www.roryc.ca\/blog\/#\/schema\/person\/0672b9777e67473b9bd9247df49499c7","name":"Rory Clipsham","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","url":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","contentUrl":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg","width":504,"height":504,"caption":"Rory Clipsham"},"logo":{"@id":"https:\/\/www.roryc.ca\/blog\/wp-content\/uploads\/2019\/10\/RoryC-white-w-tagline.jpg"},"sameAs":["http:\/\/www.roryc.ca\/","https:\/\/www.facebook.com\/pg\/BurnabyandCoquitlamHomes\/about\/?ref=page_internal","https:\/\/www.instagram.com\/roryclipshamhomes\/","https:\/\/x.com\/RoryClipsham"]}]}},"_links":{"self":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/7655","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/comments?post=7655"}],"version-history":[{"count":1,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/7655\/revisions"}],"predecessor-version":[{"id":7656,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/posts\/7655\/revisions\/7656"}],"wp:attachment":[{"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/media?parent=7655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/categories?post=7655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.roryc.ca\/blog\/wp-json\/wp\/v2\/tags?post=7655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}