The Statistics are just out and April 2014 was busier than the same month last year in the Metro Vancouver real estate market. Sales also increased substantially over last month.
Written by Kevin O'Toole on May 2nd, 2014
VANCOUVER, B.C. – May 2, 2014 – Home buyers and sellers became more active in the
Greater Vancouver housing market in April.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 3,050 on the Multiple Listing Service® (MLS®) in April 2014. This
represents a 16.1 per cent increase compared to the 2,627 sales recorded in April 2013, and a
15.5 per cent increase compared to the 2,641 sales in March 2014.
Last month’s sales were 5.2 per cent below the 10-year sales average for April of 3,217.
The sales-to-active-listings ratio currently sits at 19.7 per cent in Greater Vancouver, which is the
highest this measure has been since June 2011.
For the full statistics package, please click on the following: REBGV Stats Package, April 2014.
The local real estate market statistics are out. And they are intricate and diverse. You need an expert to help guide you through the statistical seas. Contact Kevin on 604-340-1267 or kevin@findaproperty.ca to learn about how these numbers affect your potential sale or purchase of a property in Metro Vancouver or Sea-to-Sky Country.
Last month’s sales were 10.3 per cent below our 10-year January sales average. [read more]
The BC Home Owner Mortgage and Equity (HOME) Partnership program will offer qualifying home buyers loans of up to $37,500, interest and payment free, for five years. [read more]
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. [read more]
Metro Vancouver homes sales resembled more typical levels in July. [read more]
Last month was the highest selling February on record for the Metro Vancouver housing market. [read more]
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