{"id":673,"date":"2018-08-02T13:12:17","date_gmt":"2018-08-02T17:12:17","guid":{"rendered":"http:\/\/www.lancephillips.com\/blog\/?p=673"},"modified":"2018-08-02T13:12:17","modified_gmt":"2018-08-02T17:12:17","slug":"housing-supply-up-demand-down-across-metro-vancouver","status":"publish","type":"post","link":"https:\/\/www.phillipsandprem.ca\/blog\/2018\/08\/02\/housing-supply-up-demand-down-across-metro-vancouver\/","title":{"rendered":"Housing supply up, demand down across Metro Vancouver"},"content":{"rendered":"

VANCOUVER, BC \u2013August 2, 2018 \u2013 July\u2019s residential housing sales in Metro Vancouver* reached their lowest levels for that month since the year 2000.<\/p>\n

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 per cent decrease from the 2,960 sales recorded in July 2017, and a decrease of 14.6 per cent compared to June 2018 when 2,425 homes sold.<\/p>\n

Last month\u2019s sales were 29.3 per cent below the 10-year July sales average.<\/p>\n

\u201cWith fewer buyers active in today\u2019s market, we\u2019re seeing less upward pressure on home prices across the region,\u201d Phil Moore, REBGV president said. \u201cThis is most pronounced in the detached home market, but demand in the townhome and apartment markets is also relenting from the more frenetic pace experienced over the last few years.\u201d<\/p>\n

Check out full Stats package below:<\/p>\n

https:\/\/www.rebgv.org\/sites\/default\/files\/REBGV-Stats-Pkg-July-2018.pdf%20<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

VANCOUVER, BC \u2013August 2, 2018 \u2013 July\u2019s residential housing sales in Metro Vancouver* reached their lowest levels for that month since the year 2000. The Real …<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-673","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.phillipsandprem.ca\/blog\/wp-json\/wp\/v2\/posts\/673"}],"collection":[{"href":"https:\/\/www.phillipsandprem.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.phillipsandprem.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.phillipsandprem.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.phillipsandprem.ca\/blog\/wp-json\/wp\/v2\/comments?post=673"}],"version-history":[{"count":1,"href":"https:\/\/www.phillipsandprem.ca\/blog\/wp-json\/wp\/v2\/posts\/673\/revisions"}],"predecessor-version":[{"id":674,"href":"https:\/\/www.phillipsandprem.ca\/blog\/wp-json\/wp\/v2\/posts\/673\/revisions\/674"}],"wp:attachment":[{"href":"https:\/\/www.phillipsandprem.ca\/blog\/wp-json\/wp\/v2\/media?parent=673"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.phillipsandprem.ca\/blog\/wp-json\/wp\/v2\/categories?post=673"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.phillipsandprem.ca\/blog\/wp-json\/wp\/v2\/tags?post=673"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}