January 12, 2015
REBGV December 2014 Market Update - Year End
This month's Real Estate Board video is a year end re-cap for 2014. The statistics gathered in the last 10 years shows 2014 was a typical year for Buyers and Sellers.
Looking back since 2005 sales and listings ranked at 5th place for last year. Home sales did rise a significant 16.1% from 2013 and 32.3% from 2012. Listings in the Greater Vancouver Region increased by 2.4% from 2013 and decreased 4%from 2012.
Last year the benchmark home price increased 5.8% over all residential dwellings in the Greater Vancouver Region, making the average home price $638,500.
For more on about home prices specific to your residential type and neighbourhood please watch video below or contact me!
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