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Residential home sales in the region totalled 2,425 in February 2017. This is a 41.9 per cent decrease from the record 4,172 homes sold in February 2016 and an increase of 59.2 per cent compared to January 2017 when 1,523 homes sold.
Last month’s sales were 7.7 per cent below the 10-year February sales average.
Residential property sales in the region totalled 1,523 in January 2017, a 39.5 per cent decrease from the 2,519 sales recorded in January 2016 and an 11.1 per cent decrease compared to December 2016 when 1,714 homes sold.
Last month’s sales were 10.3 per cent below our 10-year January sales average.
“From a real estate perspective, it’s a lukewarm s...
What an incredible year we have had in Vancouver's Real Estate Market! With the summer to fall market transition and since the introduction of the new 15% Foreign Buyer Tax, there was a decline of 26% in sales recorded this August compared to August of 2015. This is also a 22.8% decline compared to last month's sales. For the second straight month...