Blog by Ann Hickey

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Housing Market Remains Steady

November Market Update for Greater Vancouver

The Greater Vancouver housing market remains steady as we approach the end of the year. Consistent home sale and listing activity has allowed balanced market conditions to prevail in the Greater Vancouver housing market for most of 2013. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,321 in November 2013. This represents a 37% increase compared to the 1,686 sales recorded in November 2012, and a 12.8% decline compared to the 2,661 sales in October 2013. “We’ve seen steady and consistent trends the Greater Vancouver housing market for much of this year,” Sandra Wyant, REBGV president said. “This year’s activity has resulted in gradual and modest increases in home prices of approximately one per cent over the last 12 months in the region.”

Read the full article and statistics:  Real Estate Board of Greater Vancouver November Market Update

 

November Market Update for our Communities

Nov- Community Stats