Vancouver homebuyers and sellers enter the housing market at near record pace in March!

The Greater Vancouver housing market continued to be strong in March with both number of homes sold and added to the MLS reaching near record levels.

Residential property sales of attached, detached and apartment properties in Greater Vancouver reached 4,080 in 2011, representing a 31.7% INCREASE compared to the 3,097 sales recorded in February 2011, an increase of 30.1% compared to the 3,137 sales in March 2010 and an 80.1% increase from 2,265 homes sales in March 2009.  The ALL TIME sales record for March occured in 2004 when 4,371 transactions were recorded.

The market is very strong starting the spring season.  With sales above 4,000 and nearly 7,000 homes listings added to MLS in March, its clear that homebuyers and sellers view this as a good time to be active in their local housing market.

If you're thinking about buying or selling in the Vancouver Real Estate Market, please contact me at info@jenniferchiu.ca

Source: Real Estate Board of Greater Vancouver