November 2012 Real Estate Market Stats

Greater Vancouver residential property sale and listing activity below 10-year average in November

VANCOUVER, B.C. - December 4, 2012 - Over the past six months, the Greater Vancouver housing market has seen a reduction in the number of homes listed for sale, a gradual moderation in home prices and a decrease in property sales compared to historical averages.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales of detached, attached and apartment properties reached 1,686 on the region's Multiple Listing Service (MLS) in November, a 28.6 per cent decline compared to the 2,360 sales in November 2011 and a 12.7 per cent decline compared to the 1,931 home sales in October 2012.

Click here for complete report: November 2012 REBGV Stats Package