JUNE RESIDENTIAL SALES SECOND HIGHEST IN THE BOARD'S HISTORY
Vancouver, B.C., July 3, 2007
"Housing sales in Greater Vancouver continue to be higher than historical norms. Combine strong demand with a healthy number of listings active throughout the Greater Vancouver area, and you have a good market for both buyers and sellers, says REBGV president Brian Naphtali."
Sales of attached properties increased by 3.2 percent in June 2007 to 775 sales, compared to 751 sales in June 2006. The benchmark price of an attached unit is $443,060, up 10.1 percent from a year ago.
According to Multiple Listings Service data, sales of apartment properties increased by 16% to 1,846 sales in June 2007 compared to 1,591 sales in June 2006 The benchmark price of an apartment property in Greater Vancouver, calculated by the MLSLink Housing Price Index, is $360,469, up 10.9% from one year ago.
For more info, see my website www.homesvan.com or call me at 604-261-9311.
Jessica Diskant
Realtor, Royallepage