This August has been an active month for Real Estate in the Greater Vancouver area but is still average for the 10 year trend. This month there were 2,771 sales in Greater Vancouver, that is 10.2% higher than August 2013. Active listings on our MLS® totaled 3,940, 8.4% below the 10 year average for this time of year.
Greater Vancouver continues to hold a strong balanced market, with sales to active listings ratio at 18.8% for August 2014.
Thinking about buying or selling a home this fall? For more information about how the Real Estate market can be affected by seasons please check out the REALTOR® VIEW by clicking on the video below.