This month's Real Estate Board video takes a peek at how 2015 has started out. We have learned that last month's home sales were above historical norms, raised 8.7% compared to January 2014. At the same time homes for sale (active listings) have dropped below historical norms, 14.2% compared to January 2014.
Benchmark home prices for detached homes have increased by 8.4% due to high demand on a low supply. Learn more by watching the video below or please contact me if you have any questions!
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.
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