{"id":80,"date":"2020-06-03T18:36:11","date_gmt":"2020-06-03T22:36:11","guid":{"rendered":"https:\/\/www.exponentialrealty.ca\/blog\/?p=80"},"modified":"2020-06-03T18:36:12","modified_gmt":"2020-06-03T22:36:12","slug":"may-2020-real-estate-stats-comments","status":"publish","type":"post","link":"https:\/\/www.exponentialrealty.ca\/blog\/may-2020-real-estate-stats-comments\/","title":{"rendered":"May 2020 Real Estate stats\/comments"},"content":{"rendered":"

Dear friends:<\/p>\n

It’s that time of the month again! Please find the 30 second summary for the latest May 2020 stats from the Real Estate Board of Vancouver.<\/p>\n

Sales were down by 43.7% compared to May 2019, 33.9% increase compared to April 2020. Inventories are still low, 32.4% decrease compared to May 2019. Benchmark price for all residential properties is $1,028,400, 2.3% increase compared to May 2019. Benchmark price for attached properties is $792,400, 0.2% increase from April 2019 and 1.8% decrease compared to May 2019. Feel free to contact us if you would like to receive the complete stats package.<\/p>\n

Over the last few weeks, I noticed there are more market activities. The more desirable listings (eg. better location, better layout\/condition) got sold pretty quickly compared to a month or two ago. My recommendation: It is a good time to go in if you are looking to live-in. Investors: Better to wait a few more months as there are tons of rental inventories out there and it is a challenging time to find good tenants.<\/p>\n

Last but not least, if you have not met Jayden, a 5 year old Holland Lop. Jayden grew up with dogs around and he has picked up dog-like habits such as he will come if you call his name. He can do tricks like dogs do!<\/p>\n

Stay safe!<\/p>\n

Sheron<\/p>\n

\"\"<\/a><\/p>\n

<\/p>\n

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