Find A Property Blog

Find A Property Blog

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.

Spring Buyers & Sellers Emerge in the Greater Vancouver Housing Market

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 to learn about how these numbers affect your potential sale or purchase of a property in Metro Vancouver or Sea-to-Sky Country.

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