Home buyer activity remains at near record levels across the Metro Vancouver housing market.
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.
North Vancouver is seeing unprecedented period of activity for this early in the year.
Buyer demand increases while home prices edge up
Home Buyer Demand Increases Across Greater Vancouver Housing Market
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.
Market maintains monthly momentum.
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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