Vancouver Real Estate Market Report


Blog by Arnold Shuchat | August 3rd, 2013


The Seller's Delusion Index-July 2013-Vancouver

Here are the Vancouver numbers for my SDI which includes data from the last two months.  It should be noted that we are only at August 3, and that there are very likely to be unreported sales from the month of July, so that the data presented here for July would overstate the SDI.  In other words things are likely better than they look. As you go through this data, bear in mind that the lower the SDI number, the stronger and "less disappointed" sellers are.  A high SDI indicates frustration of the listing process while a low one indicates transactions instead of frustration.


July 2013 Seller's Delusion Index-Vancouver
Detached Properties
    July     June     May    April
  2013 2012 2011 2013 2012 2011 2013 2012 2011 2013 2012 2011
# of Sales 182 182 270 277 207 345 246 258 454 193 280 397
# of Expireds 125 162 67 128 123 66 111 87 57 77 115 48
# of Terminated 95 165 116 106 218 141 86 225 122 89 167 104
Ratio of Expireds    
& terminateds to      
Sales (SDI)      
Month of July 1.21 1.8 0.68
Month of June 0.84 1.65 0.6
Month of May 0.8 1.21 0.394      
Month of April 0.86 1.007 0.438      
Month of March 0.975 0.579 0.281      
 
  Attached Properties
July June   May April
2013 2012 2011 2013 2012 2011 2013 2012 2011 2013 2012 2011
# of Sales 398 404 500 584 527 564 370 560 651 354 625 681
# of Expireds 176 246 161 209 249 186 173 203 137 151 155 121
# of Terminated 189 385 316 203 412 307 200 409 335 153 272 232
           
Ratio of Expireds      
& terminateds to      
Sales (SDI)
Month of July 0.92 1.56 0.954
Month of June 0.71 1.25 0.874
Month of May 1.01 1.09 0.725
Month of April 0.859 0.683 0.518
Month of March 0.864 0.562 0.421