{"id":8783,"date":"2014-10-03T12:04:05","date_gmt":"2014-10-03T19:04:05","guid":{"rendered":"https:\/\/www.garbuttdumas.ca\/?p=8783"},"modified":"2014-10-03T12:04:05","modified_gmt":"2014-10-03T19:04:05","slug":"september-market-update-2014","status":"publish","type":"post","link":"https:\/\/www.garbuttdumas.ca\/2014\/10\/03\/september-market-update-2014\/","title":{"rendered":"September 2014 Market Update"},"content":{"rendered":"<h3 style=\"text-align: center;\">Home sales activity picks up the pace in September.<\/h3>\n<p>Home buyers were active in Metro Vancouver last month, with home sales well exceeding the 10-year average for September.<br \/>\nThe Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,922 on the Multiple Listing Service\u00ae (MLS\u00ae) in September 2014. This represents a 17.7 per cent increase compared to the 2,483 sales in September 2013, and a 5.4 per cent increase over the 2,771 sales in August 2014.<br \/>\nLast month\u2019s sales were 16.1 per cent above the 10-year sales average for the month and rank as the third highest selling September over that period.<br \/>\n\u201cSeptember was an active period for our housing market when we compare it against typical activity for the month,\u201d Ray Harris, REBGV president said.<br \/>\n<iframe loading=\"lazy\" width=\"560\" height=\"315\" frameborder=\"0\" src=\"\/\/www.youtube.com\/embed\/wzqvDtNVuDM\"><\/iframe><br \/>\nNew listings for detached, attached and apartment properties in Metro Vancouver* totalled 5,259 in September. This represents a 4.6 per cent increase compared to the 5,030 new listings in September 2013 and a 33.5 per cent increase from the 3,940 new listings in August. Last month\u2019s new listing total was 0.4 per cent above the region\u2019s 10-year new listing average for the month.<br \/>\nThe total number of properties currently listed for sale on the MLS\u00ae system in Metro Vancouver is 14,832, an 8 per cent decline compared to September 2013 and a 0.4 per cent increase compared to August 2014.<br \/>\nThe MLS\u00ae Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $633,500. This represents a 5.3 per cent increase compared to September 2013.<br \/>\n<a title=\"Full News Article\" href=\"http:\/\/www.rebgv.org\/news-statistics\/home-sales-activity-picks-pace-september\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Full Article<\/a><br \/>\n<a title=\"Full Stats Package\" href=\"http:\/\/www.rebgv.org\/sites\/default\/files\/REBGV%20Stats%20Package%2C%20September%202014.pdf\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Full Stats Package<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home sales activity picks up the pace in September. Home buyers were active in Metro Vancouver last month, with home sales well exceeding the 10-year average&#8230;<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"open","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":[1],"tags":[91,141,211,273,296,313,315,318,428,536,626,629,643,655,798],"acf":[],"taxonomy_info":{"category":[{"value":1,"label":"General Announcements"}],"post_tag":[{"value":91,"label":"BC Real Estate"},{"value":141,"label":"burnaby realtor"},{"value":211,"label":"coquitlam real 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