Blog › June 2015

May 2015 Housing Market Update REBGV

May 2015 Real Estate Market Stats

Metro Vancouver home sales surpass 4,000 for third consecutive month

VANCOUVER, B.C. - June 2, 2015 It continues to be a competitive spring market for Metro Vancouver home buyers. This competition continues to put upward pressure on home prices, particularly in the detached home market.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 4,056 on the Multiple Listing Service® (MLS®) in May 2015. This represents a 23.4 per cent increase compared to the 3,286 sales recorded in May 2014, and a decrease of 2.9 per cent compared to the 4,179 sales in April 2015.

Click here for complete report: May 2015 REBGV Stats Package