The March 2015 Metro Vancouver Housing #'s are here! What a month, March 2014 sales were 26.8% above the 10-year average. Strong competition amongst buyers has lead to multiple offer situations and upward pressure on prices. If you were considering a change in lifestyle and wanting to sell your home, now is a great time to do it!
Here are the hightlights
- We saw a 53.7% increase in residential property sales in March 2015 compared to March 2014
- March 2015's sales were 26.8% above the 10-year sales average for the month
- The sales-to-active-listings ratio was 32.8% for Metro Vancouver, the highest ratio since 2007
- Sales of detached properties in March 2015 were 53.3% higher than March 2014 and 83.4% higher than March 2013
- Sales of apartment properties in March 2015 were 47.1% higher than March 2014 and 65.7% higher than March 2013
- Sales of attached properties in March 2015 were 72.3% higher than March 2014 and 67.1% higher than March 2013
Click here for your full report: REBGV Metro Vancouver March 2015 Residential Sales
If you have any question on how to captialize on the current trends in your micro market, don't hesitate to give us a call! 604.644.3634
With todays market conditions, now is the time to make a move!
Dodi and Rachael
*Areas covered in the Real Estate Board of Greater Vancouver's report include: Whistler, Sunshine Coas, Squamish, West Vancouver, North Vancouver, Vancouver, Burnaby, New Westminster, Richmond, Port Moody, Port Coquitlam, Coquitlam, New Westminster, Pitt Meadows, Maple Ridge, and South Delta
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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.