Vancouver Real Estate Stats Oct.2018 – 温哥华地产走势10月报告
Vancouver Real Estate Stats Oct.2018 – Vancouver Real Estate Board has reported that there were 1,966 homes sold in Metro Vancouver on Oct.2018. Compare to Oct.2017, there is 34.9% decrease. However, compared to Sept.2018, there were only 1,595 homes sold last month.
Even with 1,966 homes sold last month, it is still below the typical level. Let’s check the images below for Oct.2016 and 2017.
Image 1: 2,233 homes sold on Oct.2016
Image 2: 3,022 homes sold on Oct.2017
Compare the stats in these three years, the peak is in 2017??? Not really, Oct.2015, there were 3,646 resident properties sold. From 2015-2018; this Oct is below the average sales level.
What is happening? Why home sale activity keeps dropping. Might be……
- Hot money is having a difficult time to get in.
- House prices have already increased crazily in the past 3-4 years, once the hot money is gone, the market is going to slow for a while.
- Mortgage interest rate keep raising.
- Stress test.
- Hard to get a mortgage in nowadays.
There are so many more reasons for home selling activity slows down. Some buyers will ask us that is that good time to purchase a property in Vancouver now??? Before answering this question, we will always ask our buyers several questions first:
- Do you buy it for live in or invest?
- Are you looking for a short-term or long-term investment?
- Let’s say if purchased a condo value 1 million in 2018, but it will drop 10% in 2019; drop another 6% in 2020; can you stand with it?
- What if your condo price bounce 45% back in 2021? And increase another 15% in 2022.
Property invest is a long-term investment, and don’t forget there is around 60,000 increase in population in BC. However, no one can predict how the market goes – the price might drop more, and the price can also bounce back.
温哥华房地产走势 – 2018年10月月报 – 温哥华放地产网
2018十月温哥华房地产统计;温哥华房地产局报告指出有1966间房屋卖出。比起上年同期下跌了34.9 %。
比较这三年的统计数据,峰值在2017????并不是真正的,2015年10月,有3646个住宅物业出售。从2015-2018年,OCT低于平均销售水平。
发生了什么事?为什么房屋销售活动持续下降。可能是……
- 热钱流出。
- 过去3-4年,房价已经疯狂上涨,一旦热钱消失,市场将放缓一段时间。
- 抵押贷款利率不断提高。
- 压力测试。
- 现在难以获得抵押贷款。
影响房屋销售的原因还有很多很多。一些买家会问我们,现在是在温哥华购买房产的好时机吗????在回答这个问题之前,我们总是先问我们的买家几个问题:
- 你买房是为了自己住还是投资?
- 你是在寻找短期投资还是长期投资?
- 比方说,如果2018年购买了一套价值100万的公寓,但2019年将下降10%;2020年再下降6%;你能忍受吗?
- 如果你的公寓价格在2021反弹45%呢?2022再增加15%。
房地产投资是一项长期投资,别忘了BC省的人口增长大约有60000人。然而,没有人能预测市场的走势——价格可能下跌更多,价格也会反弹。