Vancouver neighbourhood map of Cambie Village, Main and Fraser

Cambie Village Main and Fraser

Vancouver MLS® Google Map Search
Buying a Home?
Step-by-Step Guide
Home Evaluation
for Sellers
Mobile MLS® Search
on the Go
VIP+ Advantage
Join Now!

Market News & Blog Updates

Here is what's happening in Vancouver's housing market.
Back to Blog

Vancouver, BC – December 12, 2014The British Columbia Real Estate Association (BCREA)

reports that a total of 5,972 residential unit sales were recorded by the Multiple Listing Service®
(MLS®) in November, up 8.8 per cent from November 2013. Total sales dollar volume was $3.4
illion, an increase of 12.1 per cent compared to a year ago. The average MLS® residential price
in the province rose to $574,694, up 3.1 per cent from the same month last year.

 

“BC home sales were robust in November,” said Cameron Muir, BCREA Chief Economist. “Improving economic conditions, strong consumer confidence and persistently low mortgage interest rates are providing a solid foundation for elevated consumer demand."

“Market conditions have improved province wide, with most regional markets now in the mid to high range of a balanced market,” added Muir.

Year-to-date, BC residential sales dollar volume was up 22.1 per cent to $44.8 billion, compared to the same period last year. Residential unit sales were up 15.3 per cent to 78,973 units, while the average MLS® residential price was up 6.0 per cent at $567,292.

 

 

Source: BCREA Dec 2014

 
Back to Blog

Vancouver, BC – December 12, 2014The British Columbia Real Estate Association (BCREA)

reports that a total of 5,972 residential unit sales were recorded by the Multiple Listing Service®
(MLS®) in November, up 8.8 per cent from November 2013. Total sales dollar volume was $3.4
illion, an increase of 12.1 per cent compared to a year ago. The average MLS® residential price
in the province rose to $574,694, up 3.1 per cent from the same month last year.

 

“BC home sales were robust in November,” said Cameron Muir, BCREA Chief Economist. “Improving economic conditions, strong consumer confidence and persistently low mortgage interest rates are providing a solid foundation for elevated consumer demand."

“Market conditions have improved province wide, with most regional markets now in the mid to high range of a balanced market,” added Muir.

Year-to-date, BC residential sales dollar volume was up 22.1 per cent to $44.8 billion, compared to the same period last year. Residential unit sales were up 15.3 per cent to 78,973 units, while the average MLS® residential price was up 6.0 per cent at $567,292.

 

 

Source: BCREA Dec 2014

Today's Featured Properties for Sale. See more Listings »

*indicates required fields.
NAME*:*
EMAIL*:*
MESSAGE*:*
Copyright ©2013 Gabe Bandel
website by myRealDESIGN on myRealPage