March 2014 Housing Market Update

March home sales in Greater Vancouver outpaced last year’s total

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The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Greater Vancouver reached 2,641 on the Multiple Listing Service® (MLS®) in March 2014. This represents a 12.5% increase compared to the 2,347 sales recorded in March 2013, and a 4.4% increase compared to the 2,530 sales in February 2014.

“We continue to see steady and stable market conditions across the Greater Vancouver housing market,” said Ray Harris, REBGV president. “There has been a consistent balance between home seller supply and home buyer demand in our marketplace over the last year.”

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