View Single Post
  #1640  
Old Posted Aug 11, 2020, 2:27 AM
Vin Vin is offline
Registered User
 
Join Date: Sep 2013
Posts: 8,288
Quote:
Originally Posted by cabotp View Post
I wouldn't put too much weight in just one month of real estate stats. A month is meaningless in real estate.
If so, how many months of data would be "meaningful"? Fact is, the trend of home sales continues.

Quote:
Originally Posted by whatnext View Post
Some interesting data spun out of July's numbers:

@SteveSaretsky
Here’s a COVID trend for you. Downtown Vancouver condo sales collapsed, falling 18% Y/Y in July. House sales in the Fraser Valley surged 56%.


https://twitter.com/SteveSaretsky/st...41854099025921
That goes without saying, since the Fraser Valley keeps producing more affordable high-density housing. However, prices remain pretty firm downtown.
Reply With Quote