Here is a link to the Okanagan Mainline Real Estate Bord monthly stats for July 2008:
http://www.realtorlink.ca/portal/server.pt/gateway/PTARGS_0_91842_1462363_0_0_18/07%20-%20CO%20Statistics%20July%202008.pdf
As you can see things are very interesting at the moment. We are entering a buyer's market. To break down the stat comparison from 2007 to July 2008 in a nutshell the stats read as follows:
Total sales: -38.71% (down from last year)
Average days on market: 74
Listing volume: 84.44% (more homes listed this in 2008 then 2007)
Average house price 2008: $512,811.56
Residential price increase: 6.90% (higher prices then last year)
No comments:
Post a Comment