REBGV December 2014 Market Update - Year End

This month's Real Estate Board video is a year end re-cap for 2014. The statistics gathered in the last 10 years shows 2014 was a typical year for Buyers and Sellers.
Looking back since 2005 sales and listings ranked at 5th place for last year. Home sales did rise a significant 16.1% from 2013 and 32.3% from 2012. Listings in the Greater Vancouver Region increased by 2.4% from 2013 and decreased 4%from 2012.
Last year the benchmark home price increased 5.8% over all residential dwellings in the Greater Vancouver Region, making the average home price $638,500.
For more on about home prices specific to your residential type and neighbourhood please watch video below or contact me!
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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), 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 REBGV, 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 REBGV, the FVREB or the CADREB.