[New post] Vancouver’s March Home Sales Up 27% Since February: B.C. Real Estate Board
En Route Investors, Official Blog Two posted: " VANCOUVER — The Real Estate Board of Greater Vancouver says home sales picked up between February and March but are still down from a year ago. The B.C. Board says last month's sales totalled 4,344, a 27 per cent increase from 3,424 homes sold in "
VANCOUVER — The Real Estate Board of Greater Vancouver says home sales picked up between February and March but are still down from a year ago.
The B.C. Board says last month's sales totalled 4,344, a 27 per cent increase from 3,424 homes sold in February 2022 and a 24 per cent decrease from the 5,708 sales recorded in March 2021.
The board attributed some of the decrease to March 2021 being the highest selling month in its history, but noted that last month's sales were still 25.5 per cent above the 10-year March sales average.
The month also brought 6,673 new listings, a roughly 20 per cent drop from 8,287 a year ago but a 22 per cent increase from 5,471 in February.
The benchmark price for all residential properties in the area sat at more than $1.3 million last month, a 20.7 per cent increase from last March and a 3.6 per cent climb from February 2022
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