July 2012 Real Estate Market Stats

Greater Vancouver housing market hits summer lull

VANCOUVER, B.C. - August 2, 2012 - Residential property sales in Greater Vancouver remained at a 10-year low in July, while the number of properties being listed for sale continued to edge down and prices remained relatively stable.

The Real Estate Board of Greater Vancouver (REBGV) reports that there were 2,098 residential property sales of detached, attached and apartment properties in July. That's 18.4 per cent decline compared to the 2,571 sales in July 2011 and an 11.2 per cent decline compared to the previous month's 2,362 sales.

Click here for complete report:  July 2012 REBGV Stats Package