News: Vancouver Real Estate MarketINCREASED HOME SALE ACTIVITY, DECREASED SUPPLY TO START 2020According to the Real Estate Board of Greater Vancouver (REBGV), the residential home sales in the region hit 1,571 in January 2020. This is a 42.4% increase from the January 2019 sales of 1,103 and a 22.1% decrease from the December 2019 sales of 2,016.
The sales were at 7.3%, which was below the 10-year January sales average. "We’ve begun 2020 with steady home buyer demand that tracks close to the region’s long-term average," Ashley Smith, REBGV president said. "Looking at supply, we... |
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