VANCOUVER, B.C. \u2013 May 4, 2009 \u2013 With more buyers and fewer homes for sale in recent months, the Greater Vancouver housing market has entered a more moderate and balanced state.
\nFor the sixth consecutive month, new listings for detached, attached and apartment properties declined in Greater Vancouver, down 33.7 per cent to 4,649 in April 2009 compared to April 2008, when 7,010 new units were listed. The total number of property listings on the Multiple Listing Service\u00ae (MLS\u00ae), while slightly down compared to last month, remains unchanged compared to the same period in 2008.
\nThe Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver totalled 2,963 in April 2009, a decline of eight per cent from the 3,218 sales recorded in April 2008, and an increase of 31 per cent compared to last month.
\n\u201cWe\u2019re seeing greater balance in the housing market, as evidenced by a strong sales to active listings ratio of over 19 per cent,\u201d Scott Russell, REBGV president said. \u201cThe result is a relatively stable market in which homes are being realistically priced.
\n\u201cThe bridge between buyer demand and housing supply is continuing to narrow, which, as we see, helps bring stability to home prices,\u201d he said. \u201cThe trends in our housing market over the last couple of months offer a much more comfortable, historically normal set of conditions.\u201d
\n*Source: REBGV News Release<\/p>\n","protected":false},"excerpt":{"rendered":"
VANCOUVER, B.C. \u2013 May 4, 2009 \u2013 With more buyers and fewer homes for sale in recent months, the Greater Vancouver housing market has entered a…<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"footnotes":""},"categories":[887],"tags":[70,86,125,126,129,131,138,170,201,211,215,236,249,279,348,358,406,413,444,482,494,496,506,518,529,536,547,581,610,626,643,691,775,783,794,798,818],"acf":[],"taxonomy_info":{"category":[{"value":887,"label":"Your Community"}],"post_tag":[{"value":70,"label":"apartments"},{"value":86,"label":"BC"},{"value":125,"label":"burnaby"},{"value":126,"label":"burnaby apartments"},{"value":129,"label":"burnaby condos"},{"value":131,"label":"burnaby homes"},{"value":138,"label":"burnaby real estate"},{"value":170,"label":"closing costs"},{"value":201,"label":"coquitlam"},{"value":211,"label":"coquitlam real estate"},{"value":215,"label":"coquitlam realtors"},{"value":236,"label":"development"},{"value":249,"label":"east"},{"value":279,"label":"foreclosure"},{"value":348,"label":"homes"},{"value":358,"label":"house"},{"value":406,"label":"lending"},{"value":413,"label":"lofts"},{"value":444,"label":"mortgage"},{"value":482,"label":"new west"},{"value":494,"label":"new west real estate"},{"value":496,"label":"new west realtor"},{"value":506,"label":"new westminster"},{"value":518,"label":"new westminster homes"},{"value":529,"label":"new westminster quay"},{"value":536,"label":"new westminster realtor"},{"value":547,"label":"north"},{"value":581,"label":"port coquitlam"},{"value":610,"label":"quay"},{"value":626,"label":"real estate"},{"value":643,"label":"realtor"},{"value":691,"label":"south"},{"value":775,"label":"townhomes"},{"value":783,"label":"townhouse"},{"value":794,"label":"vancouver"},{"value":798,"label":"vancouver real estate"},{"value":818,"label":"west"}]},"featured_image_src_large":false,"author_info":{"display_name":"James Garbutt","author_link":"https:\/\/www.garbuttdumas.ca\/author\/james\/"},"comment_info":0,"category_info":[{"term_id":887,"name":"Your Community","slug":"your-community","term_group":0,"term_taxonomy_id":887,"taxonomy":"category","description":"","parent":0,"count":146,"filter":"raw","cat_ID":887,"category_count":146,"category_description":"","cat_name":"Your Community","category_nicename":"your-community","category_parent":0}],"tag_info":[{"term_id":70,"name":"apartments","slug":"apartments","term_group":0,"term_taxonomy_id":70,"taxonomy":"post_tag","description":"","parent":0,"count":75,"filter":"raw"},{"term_id":86,"name":"BC","slug":"bc","term_group":0,"term_taxonomy_id":86,"taxonomy":"post_tag","description":"","parent":0,"count":77,"filter":"raw"},{"term_id":125,"name":"burnaby","slug":"burnaby","term_group":0,"term_taxonomy_id":125,"taxonomy":"post_tag","description":"","parent":0,"count":249,"filter":"raw"},{"term_id":126,"name":"burnaby apartments","slug":"burnaby-apartments","term_group":0,"term_taxonomy_id":126,"taxonomy":"post_tag","description":"","parent":0,"count":71,"filter":"raw"},{"term_id":129,"name":"burnaby condos","slug":"burnaby-condos","term_group":0,"term_taxonomy_id":129,"taxonomy":"post_tag","description":"","parent":0,"count":85,"filter":"raw"},{"term_id":131,"name":"burnaby homes","slug":"burnaby-homes","term_group":0,"term_taxonomy_id":131,"taxonomy":"post_tag","description":"","parent":0,"count":90,"filter":"raw"},{"term_id":138,"name":"burnaby real estate","slug":"burnaby-real-estate","term_group":0,"term_taxonomy_id":138,"taxonomy":"post_tag","description":"","parent":0,"count":262,"filter":"raw"},{"term_id":170,"name":"closing costs","slug":"closing-costs","term_group":0,"term_taxonomy_id":170,"taxonomy":"post_tag","description":"","parent":0,"count":64,"filter":"raw"},{"term_id":201,"name":"coquitlam","slug":"coquitlam","term_group":0,"term_taxonomy_id":201,"taxonomy":"post_tag","description":"","parent":0,"count":84,"filter":"raw"},{"term_id":211,"name":"coquitlam real estate","slug":"coquitlam-real-estate","term_group":0,"term_taxonomy_id":211,"taxonomy":"post_tag","description":"","parent":0,"count":108,"filter":"raw"},{"term_id":215,"name":"coquitlam realtors","slug":"coquitlam-realtors","term_group":0,"term_taxonomy_id":215,"taxonomy":"post_tag","description":"","parent":0,"count":72,"filter":"raw"},{"term_id":236,"name":"development","slug":"development","term_group":0,"term_taxonomy_id":236,"taxonomy":"post_tag","description":"","parent":0,"count":73,"filter":"raw"},{"term_id":249,"name":"east","slug":"east","term_group":0,"term_taxonomy_id":249,"taxonomy":"post_tag","description":"","parent":0,"count":65,"filter":"raw"},{"term_id":279,"name":"foreclosure","slug":"foreclosure","term_group":0,"term_taxonomy_id":279,"taxonomy":"post_tag","description":"","parent":0,"count":65,"filter":"raw"},{"term_id":348,"name":"homes","slug":"homes","term_group":0,"term_taxonomy_id":348,"taxonomy":"post_tag","description":"","parent":0,"count":82,"filter":"raw"},{"term_id":358,"name":"house","slug":"house","term_group":0,"term_taxonomy_id":358,"taxonomy":"post_tag","description":"","parent":0,"count":69,"filter":"raw"},{"term_id":406,"name":"lending","slug":"lending","term_group":0,"term_taxonomy_id":406,"taxonomy":"post_tag","description":"","parent":0,"count":65,"filter":"raw"},{"term_id":413,"name":"lofts","slug":"lofts","term_group":0,"term_taxonomy_id":413,"taxonomy":"post_tag","description":"","parent":0,"count":64,"filter":"raw"},{"term_id":444,"name":"mortgage","slug":"mortgage","term_group":0,"term_taxonomy_id":444,"taxonomy":"post_tag","description":"","parent":0,"count":78,"filter":"raw"},{"term_id":482,"name":"new west","slug":"new-west","term_group":0,"term_taxonomy_id":482,"taxonomy":"post_tag","description":"","parent":0,"count":131,"filter":"raw"},{"term_id":494,"name":"new west real estate","slug":"new-west-real-estate","term_group":0,"term_taxonomy_id":494,"taxonomy":"post_tag","description":"","parent":0,"count":102,"filter":"raw"},{"term_id":496,"name":"new west realtor","slug":"new-west-realtor","term_group":0,"term_taxonomy_id":496,"taxonomy":"post_tag","description":"","parent":0,"count":122,"filter":"raw"},{"term_id":506,"name":"new westminster","slug":"new-westminster","term_group":0,"term_taxonomy_id":506,"taxonomy":"post_tag","description":"","parent":0,"count":328,"filter":"raw"},{"term_id":518,"name":"new westminster homes","slug":"new-westminster-homes","term_group":0,"term_taxonomy_id":518,"taxonomy":"post_tag","description":"","parent":0,"count":95,"filter":"raw"},{"term_id":529,"name":"new westminster quay","slug":"new-westminster-quay","term_group":0,"term_taxonomy_id":529,"taxonomy":"post_tag","description":"","parent":0,"count":68,"filter":"raw"},{"term_id":536,"name":"new westminster realtor","slug":"new-westminster-realtor","term_group":0,"term_taxonomy_id":536,"taxonomy":"post_tag","description":"","parent":0,"count":268,"filter":"raw"},{"term_id":547,"name":"north","slug":"north","term_group":0,"term_taxonomy_id":547,"taxonomy":"post_tag","description":"","parent":0,"count":64,"filter":"raw"},{"term_id":581,"name":"port coquitlam","slug":"port-coquitlam","term_group":0,"term_taxonomy_id":581,"taxonomy":"post_tag","description":"","parent":0,"count":67,"filter":"raw"},{"term_id":610,"name":"quay","slug":"quay","term_group":0,"term_taxonomy_id":610,"taxonomy":"post_tag","description":"","parent":0,"count":69,"filter":"raw"},{"term_id":626,"name":"real estate","slug":"real-estate","term_group":0,"term_taxonomy_id":626,"taxonomy":"post_tag","description":"","parent":0,"count":343,"filter":"raw"},{"term_id":643,"name":"realtor","slug":"realtor","term_group":0,"term_taxonomy_id":643,"taxonomy":"post_tag","description":"","parent":0,"count":334,"filter":"raw"},{"term_id":691,"name":"south","slug":"south","term_group":0,"term_taxonomy_id":691,"taxonomy":"post_tag","description":"","parent":0,"count":65,"filter":"raw"},{"term_id":775,"name":"townhomes","slug":"townhomes","term_group":0,"term_taxonomy_id":775,"taxonomy":"post_tag","description":"","parent":0,"count":87,"filter":"raw"},{"term_id":783,"name":"townhouse","slug":"townhouse","term_group":0,"term_taxonomy_id":783,"taxonomy":"post_tag","description":"","parent":0,"count":75,"filter":"raw"},{"term_id":794,"name":"vancouver","slug":"vancouver","term_group":0,"term_taxonomy_id":794,"taxonomy":"post_tag","description":"","parent":0,"count":102,"filter":"raw"},{"term_id":798,"name":"vancouver real estate","slug":"vancouver-real-estate","term_group":0,"term_taxonomy_id":798,"taxonomy":"post_tag","description":"","parent":0,"count":296,"filter":"raw"},{"term_id":818,"name":"west","slug":"west","term_group":0,"term_taxonomy_id":818,"taxonomy":"post_tag","description":"","parent":0,"count":71,"filter":"raw"}],"_links":{"self":[{"href":"https:\/\/www.garbuttdumas.ca\/wp-json\/wp\/v2\/posts\/110"}],"collection":[{"href":"https:\/\/www.garbuttdumas.ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.garbuttdumas.ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.garbuttdumas.ca\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.garbuttdumas.ca\/wp-json\/wp\/v2\/comments?post=110"}],"version-history":[{"count":0,"href":"https:\/\/www.garbuttdumas.ca\/wp-json\/wp\/v2\/posts\/110\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.garbuttdumas.ca\/wp-json\/wp\/v2\/media?parent=110"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.garbuttdumas.ca\/wp-json\/wp\/v2\/categories?post=110"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.garbuttdumas.ca\/wp-json\/wp\/v2\/tags?post=110"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}