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VREB - 2013 Sales Data (Greater Victoria REB)
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11-03-2013, 11:46 AM,
(This post was last modified: 11-03-2013, 11:51 AM by Skook.)
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RE: VREB - 2013 Sales Data (Greater Victoria REB)
October 2013 Stats:
I downloaded the VREB October stats package yesterday, opened it up and muttered, “Oh, hell.” There are 18 pages and this month the VREB did move over to the MLS Home Price Index reporting method with its Benchmark Price and HPI Index Values. Unfortunately, I don’t have time right now to figure out how best to present this info, but I have put together what I could. Here are the 2013 sales totals and once again the VREB is negative on a month-to-month basis for the fifth straight month. Here is the single family home (SFH) sales chart showing waterfront and non-waterfront totals since 2011. Next is the first big noticeable change with VREB stats this month - I can no longer show Average and Median Sale Prices for each area of the VREB in the table below. Also, with the former reporting method, I could separate waterfront and non-waterfront sales thereby giving a more realistic Average and Median Sales price figure - that ability is gone. It looks like waterfront and non-waterfront sales will be combined in the benchmark price figures, but as I mentioned above I really don’t have the time right now to figure out all the details - it’s been added to my ‘to-do’ list. Now, the VREB does offer the following table which I have reorganized completely in a way that I think makes more sense. I have also colour coded it which I hope makes it easier to follow. The important thing to remember is that the Average and Median Sale Prices are combining Waterfront and Non-Waterfront property sales - which in my opinion should not be done. LM = Last Month LY = Last Year I will add the VREB charts in another post. |
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Messages In This Thread |
VREB - 2013 Sales Data (Greater Victoria REB) - by Skook - 07-10-2013, 04:48 PM
RE: VREB - 2013 Sales Data (Greater Victoria REB) - by Skook - 07-11-2013, 05:28 AM
RE: VREB - 2013 Sales Data (Greater Victoria REB) - by Skook - 08-10-2013, 04:58 PM
RE: VREB - 2013 Sales Data (Greater Victoria REB) - by Skook - 09-04-2013, 07:44 AM
RE: VREB - 2013 Sales Data (Greater Victoria REB) - by Skook - 10-03-2013, 12:32 PM
RE: VREB - 2013 Sales Data (Greater Victoria REB) - by Skook - 11-03-2013, 11:46 AM
RE: VREB - 2013 Sales Data (Greater Victoria REB) - by Skook - 03-21-2014, 10:25 AM
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