January 2017 Real Estate Market Stats

Metro Vancouver housing market off to a quieter start than last year

VANCOUVER, B.C. - February 2, 2017 Home sales and listings trends are below long-term averages in the Metro Vancouver* housing market. This is due largely to reduced activity in the detached home market.

Residential property sales in the region totalled 1,523 in January 2017, a 39.5 per cent decrease from the 2,519 sales recorded in January 2016 and an 11.1 per cent decrease compared to December 2016 when 1,714 homes sold.

Last month’s sales were 10.3 per cent below our 10-year January sales average.

Click here for complete report: January 2017 REBGV Stats Package