Metro Vancouver home prices climb while sales drop – Greater Vancouver Real Estate Market Update April 2012
Prices of homes in the Greater Vancouver area continue to climb while home sales have dropped to some of the lowest levels seen in a decade
Tagged: Residential Properties
Home sales rise in November as stable market continues
Home sales in Metro Vancouver and the Fraser Valley improved modestly in November over the previous four months, representing a relatively stable market, according to two real estate surveys released Thursday.
Housing market factors indicate stability in recent months
September home sales in Greater Vancouver were consistent with activity experienced in the preceding two months across most categories.
Buyer’s market conditions continue in Greater Vancouver
Conditions in the Greater Vancouver housing market continued to favour buyers in August. Since April, prices have edged down slightly as the number of sales and the number of properties coming on to the market have been declining.
The Real Estate Board of Greater Vancouver (REBGV) reports that the number of residential property sales in Greater Vancouver totalled 2,202 in August 2010. This represents a 36 per cent decline from the 3,441 sales in August 2009, the second highest selling August ever recorded, and a 2.4 per cent decline compared to July 2010.