June was another banner month in the Vancouver real estate market. We had the second highest number of sales during the month of June in REBGV’s history.
We saw a rise of 7.4% in sales in June 2007 over a year ago while new listings rose only 1.3% over that period. Prices rose approximately 10% during that time.
“Housing sales in Greater Vancouver continue to be higher than historical norms. Combine strong deman with a healthy number of active listings, and you have a good market for both buyers and sellers,” says REBGV president Brian Naphtali.
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