The Real Estate Board of Vancouver (REBGV) just released their report for November 2014. For a month that is traditionally more quiet out of the year, home buyers in Metro Vancouver remained active!
Take residential property sales in Metro Vancouver, for example. They reached 2,516 on the Multiple Listing Service® (MLS®) last month. Even though that’s a 17.7% decline from the 3,057 sales in October 2014, it’s still an 8.4% increase compared to November 2013 at 2,321 sales.
The overall good news is that last month’s sales were 6.9% above the 10 year sales average for the month of November!