{"id":509,"date":"2017-03-07T09:00:15","date_gmt":"2017-03-07T14:00:15","guid":{"rendered":"http:\/\/www.juliafreeman.ca\/blog\/?p=509"},"modified":"2017-03-30T18:18:11","modified_gmt":"2017-03-30T22:18:11","slug":"low-supply-continues-to-limit-metro-vancouver-home-buyers","status":"publish","type":"post","link":"https:\/\/www.juliafreeman.ca\/blog\/2017\/03\/low-supply-continues-to-limit-metro-vancouver-home-buyers\/","title":{"rendered":"Low Supply Continues to Limit Metro Vancouver Home Buyers"},"content":{"rendered":"<p style=\"text-align: justify;\">Reluctance amongst Metro Vancouver home sellers is impacting sale and price activity throughout the region\u2019s housing market.<\/p>\n<p style=\"text-align: justify;\">Residential home sales in the region totalled 2,425 in February 2017. <strong>This is a 41.9 per cent decrease from the record 4,172 homes sold in February 2016<\/strong> and an increase of 59.2 per cent compared to January 2017 when 1,523 homes sold.<\/p>\n<p style=\"text-align: justify;\">Last month\u2019s sales were 7.7 per cent below the 10-year February sales average.<\/p>\n<p style=\"text-align: justify;\">\u201cFebruary home sales were well below the record-breaking activity from one year ago and in line with our long-term historical average for the month,\u201d Dan Morrison, Real Estate Board of Greater Vancouver (REBGV) president said. <strong>\u201cLimited supply and snowy weather were two factors hampering this activity.\u201d<\/strong><\/p>\n<p style=\"text-align: justify;\">Download the complete stats package <a href=\"http:\/\/www.rebgv.org\/sites\/default\/files\/REBGV%20Stats%20Package%20February%202017.pdf\"><strong>here.<\/strong><\/a><\/p>\n<p style=\"text-align: right;\">Credit REBGV<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reluctance amongst Metro Vancouver home sellers is impacting sale and price activity throughout the region\u2019s housing market. Residential home sales in the region totalled 2,425 in February 2017. This is &hellip; [<a href=\"https:\/\/www.juliafreeman.ca\/blog\/2017\/03\/low-supply-continues-to-limit-metro-vancouver-home-buyers\/\">read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"_links":{"self":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/509"}],"collection":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/comments?post=509"}],"version-history":[{"count":1,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/509\/revisions"}],"predecessor-version":[{"id":510,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/509\/revisions\/510"}],"wp:attachment":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/media?parent=509"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/categories?post=509"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/tags?post=509"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}