Active Market Continues in June!

Home buyers continue to compete for homes listed for sale across the Metro Vancouver housing market.  Residential property sales in the region totalled 4,400 in June 2016, an increase of 0.6 per cent from the 4,375 sales recorded in June 2015 and a decrease of 7.7 per cent compared to May 2016 when 4,769 homes sold.

Last month’s sales were 28.1 per cent above the 10-year sales average for the month and rank as the highest selling June on record. "While we're starting to see more properties coming onto the market in recent months, theimbalance between supply and demand continues to influence market conditions," Dan Morrison REBGV president said.