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Selection broadens and demand eases to kick off 2012 in the
Greater Vancouver housing market
VANCOUVER, B.C. – February 6, 2012 – Greater Vancouver home sellers were more active than buyers in January and
overall home prices, according to the new MLS® Home Price Index (MLS® HPI), continued to experience more stability
and less fluctuation compared to the beginning of 2011.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached
1,577 on the Multiple Listing Service® (MLS®) in January 2012. This represents a 4.9 per cent decrease compared to the
1,658 sales recorded in December 2011, a decrease of 13.3 per cent compared to the 1,819 sales in January 2011 and an 18
per cent decline from the 1,923 home sales in January 2010.
January sales in Greater Vancouver were the second lowest January total in the region since 2002, though only 146 sales
Selection broadens and demand eases to kick off 2012 in the Greater Vancouver housing market.  The Real Estate Board of Greater Vancouver, February 6, 2012 reports:  Greater Vancouver home sellers were more active than buyers in January andoverall home prices, according to the new MLS® Home Price Index (MLS® HPI), continued to experience more stabilityand less fluctuation compared to the beginning of 2011.The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached1,577 on the Multiple Listing Service® (MLS®) in January 2012