News: Vancouver Real Estate Market
Posted in: Greater Vancouver Housing , Greater Vancouver Real Estate Board , Market Updates , real estate sales , Real Estate Stats
Competition amongst home buyers is putting upward pressure on home prices across Metro Vancouver.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 3,727 in February 2021, a 73.3% increase from the 2,150 sales recorded in February 2020, and a 56% increase from the 2,389 homes sold in January 2021.
Last month's sales were 42.8% above the 10-year February sales average.
"Metro Vancouver's housing market is experiencing...
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