2015 YEAR IN REVIEW! Market Summary
January 15, 2016
HIGHEST SELLING DECEMBER ON RECORD!!!
YEAR OVER YEAR DECEMBER
*Sales on the MLS in December 2015 up 33.6 percent compared to previous year
*2,827 sales in December!
*Highest selling December on record!
*6,024 total Metro Vancouver listings in December (41.6% less)
*Benchmark house pricing went up 18.9%
*Ratio of sales-to-active listings was 46.9% (upward price pressure at 20% or higher)
*Almost 1 out of 2 houses were sold!
2015 YEAR IN REVIEW
*Total annual sales of 42,326 (highest ever!)
*Annual spring peak listing time saw almost 4,000 less listings compared to 2014
*Multiple offer scenarios were commonplace
*Detached houses up 24.3% (up 8.1% in 2014)
*Condos up 14% (up 3.5% in 2014)
*Townhomes up 13.6% (up 4.5% in 2014)
