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May 2017 stats - Market activity picks up
Home buyer activity returned to near record levels across the Metro Vancouver housing market in May.   Residential property sales in the region totalled 4,364 in May 2017, a decrease of 8.5 per cent from the 4,769 sales in May 2016, an all-time record, and an increase of 22.8 per cent compared to April 2017 when 3,553 homes sold.   Last month’s sales were 23.7 per cent above the 10-year May...
April 2017 stats - Condominiums and townhomes in high demand across Metro Vancouver
Demand for condominiums and townhomes continues to drive the Metro Vancouver* housing market.   Residential property sales in the region totalled 3,553 in April 2017, a 25.7 per cent decline compared to April 2016 when 4,781 homes sold and a 0.7 per cent decrease from the 3,579 sales recorded in March 2017.   April sales were 4.8 per cent above the 10-year average for the month.   For...
March 2017 Stats - Demand for homes continues to outpace supply in Metro Vancouver
A shortage of residential property listings coupled with strong demand, particularly for condos and townhomes, continued to impact Metro Vancouver’s housing market in March.   Residential property sales in the region totalled 3,579 in March 2017, a decrease of 30.8 per cent from the 5,173 sales recorded in record-breaking March 2016 and an increase of 47.6 per cent compared to February 2017 when...