August 2012 Real Estate Market Stats

Home sellers continue to outnumber buyers in Greater Vancouver's summer housing market

VANCOUVER, B.C. - September 5, 2012 - Home sale activity remained below long-term averages in the Greater Vancouver housing market in August.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 1,649 in August, a 30.7 per cent decline compared to the 2,378 sales in August 2011 and a 21.4 per cent decline compared to the 2,098 sales in July 2012.

Click here for complete report: August 2012 REBGV Stats Package