Last month’s sales were 10.3 per cent below our 10-year January sales average.
Metro Vancouver home sales dipped below the 10-year monthly sales average last month. This is the first time this has occurred in the region since May 2014.
Metro Vancouver homes sales resembled more typical levels in July.
Last month was the highest selling February on record for the Metro Vancouver housing market.
Home buyer activity remains at near record levels across the Metro Vancouver housing market.
Home sales reached near record levels in November even as home listings began the traditional year-end decline.
Last month was the highest selling June, and the second highest overall monthly total, on record for the Real Estate Board of Greater Vancouver (REBGV).
VANCOUVER, B.C. – June 2, 2015 – It continues to be a competitive spring market for Metro Vancouver home buyers. This competition continues to put upward pressure on home prices, particularly in the detached home market.
Strong home buyer demand coupled with below average home listing activity has created seller’s market conditions within the Metro Vancouver housing market.
Demand continued to rise across Metro Vancouver’s housing market in March.