News: Vancouver Real Estate MarketBC HOUSING MARKET CONTINUES TOWARDS STRONG RECOVERY
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Attached Home, BC Home Sales, BC Housing Market, BC Real Estate, BCREA, British Columbia Real Estate Association, Covid-19 Housing Market Update, Detached Home, Greater Vancouver, Home Buyers, Home Owner, Market Data, Market Update, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Sales, Real Estate Statistics, Statistics Package
In July 2020, the British Columbia Real Estate Association (BCREA) reported a total of 10,090 residential unit sales recorded by the Multiple Listing Service® (MLS®). This showed an increase of 26.6% from the same month last year. The average MLS® residential price in BC was $770,810, a 12.9% increase from $682,702 recorded the previous year. Total sales dollar volume in July was $7.8 billion, a 43% increase over 2019.
"The strong recovery in sales activity continued in July," said BCREA... STEADY SUMMER ACTIVITY FOR METRO VANCOUVER HOUSING MARKET
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Attached Home, BC Home Sales, BC Housing Market, BC Real Estate, Cocid-19 Housing Market Update, Detached Home, Greater Vancouver, Home Buyers, Home Owner, Market Data, Market Update, Metro Vancouver, MLS, Multiple Listing Service, Real Estate Board of Greater Vancouver, Real Estate Sales, Real Estate Statistics, REBGV, Statistics Package
In July 2020, residential home sales in the region totaled 3,128 according to the Real Estate Board of Greater Vancouver (REBGV). This represents a 22.3% increase from the 2,557 sales recorded in July 2019 and a 28% increase from the 2,443 homes sold in June 2020.
"We're seeing the results today of pent up activity, from both home buyers and sellers, that had been accumulating in our market throughout the year," Colette Gerber, REBGV Chair said. "Low-interest rates and limited overall supply are also... |
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
