Julie Tidiman

A steady influx of new listings has helped create a balanced 'typical spring' housing market in Greater Vancouver. The REBGV reports that residential property sales are up 38.5% compared to March 2009. The MLSLink Housing Price Index benchmark price for all residential properties also increased 20.3%. This price is 2.8% above the previous high point in the market in May 2008.

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Diverse selection and favourable interest rates continue to drive demand in the Greater Vancouver housing market. The REBGV reports that residential housing market sales are up 152.4%, compared to January 2009. The MLSLink Housing Price Index benchmark price for all residential properties also increased 17.2%. This price is 0.8% above the previous high point in the market in May 2008.

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The Real Estate Board of Greater Vancouver just released the latest statistics for the month of February. Please click on the following link: February Stats

The Real Estate Board of Greater Vancouer just released the latest statistics for January. Please click on the following link: January Stats