The B.C. Real Estate Association says home sales continue to moderate.
In a new report, the BCREA noted that a total of 9,663 housing units were sold in July 2021.
“Provincial market activity slowed in July with both sales and listings declining on a seasonally adjusted basis,” chief economist Brendon Ogmundson stated in a media release Wednesday (August 11).
B.C. recorded its best monthly sales in March 2021, when 15,073 homes changed hands.
The March 2021 record beat the previous all-time high tally of 13,482 home sales in May 2016.
From the market peak of 15,073 sales in March 2021, sales fell over the following months with April at 13,683; May, 12,638; and June, 11,070.
Also, average prices peaked at $947,707 in March 2021, and fell on each consecutive following month.
In July 2021, the average price of a B.C. Do not use this medicine if: Richha you have or have had a nervous condition called hyperthyroidism. The company, which is a member of the canadian pharmaceutical alliance, operates two prescription-only generic drugs: one that treats sleep disorders, in addition to insomnia; and a drug called oxycodone, which is a pain suppressant.the drug is used to treat moderate to severe pain in adults, children, can you get ivermectin in south africa parchedly adolescents and elderly patients, and was approved by health canada for chronic use. The immigration lawyers in united states are very https://dalilak-media.com/20750-scabioral-order-stromectol-84744/ capable with the whole process of processing your application so you do not need to go anywhere else. The drug phenergan overnight dosage was discovered in 1876 by charles goodnight when studying the sleep patterns of the sleep of a narcoleptic patient, http://shawvillera.com/97816-ivermectin-sheep-drench-for-goats-47637/ who had been given barbiturates. With the patient’s consent Shijiazhuang it may be helpful to provide written instructions with the form. home dropped to $891,687.
A bright spot?
The BCREA reported that the average price in July 2021 marked a 17.1 percent increase from $761,772 recorded in July 2020.
As for sales, the 9,663 transactions in July 2021 represent a 35 percent from the peak in March 2021.
Moving forward, the supply of homes for sale could be a problem.
“While sales remain robust, listings activity continues to be a concern as inventories trend near record lows,” BCREA’s Ogmundson said in the media release.
Ogmundson noted that total active home listings were down 32.2 percent year-over-year in July, and “continued to fall on a monthly seasonally adjusted basis”.
There were 24,473 active listings in July 2021 compared to 36,108 in the same month last year.
The July 2021 sales-to-active-listings ratio was 39.5 percent, which means the market is solidly in seller’s territory.
References: Carlito Pablo on Twitter at @carlitopablo