REBGV January 2014 Market Update

The first month of 2014 saw home sale and listing totals outpace historical averages in the Greater Vancouver housing market.

Last month's sales were 7.2 per cent above the 10 year sales average for the month.

"The Greater Vancouver housing market has been in a balanced market for nearly a year. This has meant steady home sale and listing activity accompanied by stable home prices." Sandra Wyant, REBGV president said.

"If you're looking to sell your home in a balanced market, it's critical that your list price is reflective of current market conditions." Wyant said.

I have attached the January housing stats with a five trend stats package as well. As always please contact me with any questions.

 

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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.