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Home sale activity has trended below historical
averages for a full year in the Greater Vancouver housing market.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in
Greater Vancouver reached 1,797 on the Multiple Listing Service® (MLS®) in February 2013.
This represents a 29.4 per cent decrease compared to the 2,545 sales recorded in February 2012,
and a 33 per cent increase compared to the 1,351 sales in January 2012.
Last month’s sales were the second lowest February total in the region since 2001 and 30.9 per
cent below the 10-year sales average for the month.
“Sales in February followed recent trends and were below seasonal averages, though our
members tell us they saw more traffic at open houses last month compared to the previous six to
Home sale activity has trended below historical averages for a full year in the Greater Vancouver housing market.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 1,797 on the Multiple Listing Service® (MLS®) in February 2013.This represents a 29.4 per cent decrease compared to the 2,545 sales recorded in February 2012,and a 33 per cent increase compared to the 1,351 sales in January 2012.Last month’s sales were the second lowest February total in the region since 2001 and 30.9 percent below the 10-year sales average for the month.