The Real Estate Board of Greater Vancouver (REBGV) has released their September Statistics for the housing market. This past month they have concluded that sale and listing activity continues to follow historical averages.
Here are the key findings from the September Statistics report:
- Residential property sales have increased by 63.8% from September 2012 reaching a total of 2,438 according to the MLS® (Multiple Listing Service)
- New listings for detached, attached, and apartment properties in Greater Vancouver totalled 5,030, a 20.2% increase compared to August 2013
- The MLS® Home Price Index’s benchmark price is $601,900 for all residential properties in Greater Vancouver
Check out the YouTube video below for more details on the report.
Sandra Wyant from REBGV said, “It’s important to remember that stronger sales activity does not necessarily equate to rising home prices. In fact, home prices have not fluctuated much in our market this year.”
To see the full, published report on the September Statistics click here.
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