{"id":585,"date":"2022-01-08T01:06:25","date_gmt":"2022-01-08T06:06:25","guid":{"rendered":"https:\/\/www.exponentialrealty.ca\/blog\/?p=585"},"modified":"2022-01-08T01:22:55","modified_gmt":"2022-01-08T06:22:55","slug":"december-2021-real-estate-stats-comments","status":"publish","type":"post","link":"https:\/\/www.exponentialrealty.ca\/blog\/december-2021-real-estate-stats-comments\/","title":{"rendered":"December 2021 Real Estate stats\/comments"},"content":{"rendered":"\n<p>Sales \ud83d\udd3d :&nbsp;13.1% increase compared from December 2020, and and 21.6% decrease from November 2021. Last month\u2019s sales were 33.4% above the 10-year December sales average.<br>Inventories\ud83d\udd3d :&nbsp;35.7% decrease compared to November 2020 (7144) and a 11.1% decrease compared to October 2021 (8034).&nbsp;<br>Price \ud83d\udd3c: Benchmark price for all residential properties in Metro Vancouver is currently $1,211,200. This represents a 16% increase over November 2020 and 1% increase compared to October 2021.<\/p>\n\n\n\n<p>2021 Summary from the Real Estate Stats report:<\/p>\n\n\n\n<ul><li>2021&#8217;s&nbsp;sales total was 33.4 per cent above the 10-year sales average.<\/li><li>2021\u2019s listings total was&nbsp;11 per cent above the 10-year average.<\/li><li>2021 home sales: 42.2 % \ud83d\udd3c from the 30,944 sales recorded in 2020<\/li><\/ul>\n\n\n\n<p>My comments:<\/p>\n\n\n\n<p>It&#8217;s a tough market out there for everyone ! Sellers need to buy after they sell their properties, unless they are downsizing to a smaller condo unit or it is a warzone everywhere. It is difficult to find good deals anywhere. We begin 2022 with just over 5000 homes for sale and this is the lowest level we have seen in more than 30 years! Low inventory is the main issue. Total inventory graph from 2011-2021 below.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2022\/01\/10-yr-inventory-1.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2022\/01\/10-yr-inventory-1.jpg\" alt=\"\" class=\"wp-image-589\" srcset=\"https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2022\/01\/10-yr-inventory-1.jpg 1024w, https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2022\/01\/10-yr-inventory-1-300x225.jpg 300w, https:\/\/www.exponentialrealty.ca\/blog\/wp-content\/uploads\/2022\/01\/10-yr-inventory-1-768x576.jpg 768w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<p>In a competitive market like this, we are doing our best to serve our client buyers and sellers. For sellers, we use our Exponential 4C system to market\/sell for the highest dollar possible.<\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Exponential 4C marketing system\" width=\"770\" height=\"433\" src=\"https:\/\/www.youtube.com\/embed\/gL3BazHryIA?start=6&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p>For our buyers, a complete buyer&#8217;s roadmap includes: Area Scouting, Ground Game, Sniper Mode, we have customized a buying system that produces results and maximises value for our clients. <\/p>\n\n\n\n<figure class=\"wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio\"><div class=\"wp-block-embed__wrapper\">\n<iframe loading=\"lazy\" title=\"Exponential Buying Experience\" width=\"770\" height=\"433\" src=\"https:\/\/www.youtube.com\/embed\/G-g41DwXQ0Q?start=4&#038;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen><\/iframe>\n<\/div><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>From our bubble to yours, wishing you an exciting, optimistic and healthy 2022!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sales \ud83d\udd3d :&nbsp;13.1% increase compared from December 2020, and and 21.6% decrease from November 2021. Last month\u2019s sales were 33.4% above the 10-year December sales average.Inventories\ud83d\udd3d :&nbsp;35.7% decrease compared to &hellip;<\/p>\n","protected":false},"author":3,"featured_media":593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[42,33,36,44,35,13,39,37,34,14,41,40,43,38],"_links":{"self":[{"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/posts\/585"}],"collection":[{"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/comments?post=585"}],"version-history":[{"count":4,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/posts\/585\/revisions"}],"predecessor-version":[{"id":612,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/posts\/585\/revisions\/612"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/media\/593"}],"wp:attachment":[{"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/media?parent=585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/categories?post=585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.exponentialrealty.ca\/blog\/wp-json\/wp\/v2\/tags?post=585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}