November 2014 Housing Market Update

Metro Vancouver home sales remain strong

The Real Estate Board of Greater Vancouver

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Home buyers in Metro Vancouver remained active in November, a month that is traditionally a quieter time of year for real estate. 

Last month’s sales were 6.9% above the 10-year sales average for November.

  • The benchmark price for detached properties increased 7.9 per cent from November 2013 to $997,800.
  • The benchmark price of an apartment property increased 3.2 per cent from November 2013 to $379,500. 
  • The benchmark price of an attached unit increased 4.8 per cent between November 2013 and 2014 to $480,200.

Source: http://www.rebgv.org/

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