Blog by Michael Giesbrecht

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Real Estate Board Statistics

The total number of active listings in Greater Vancouver for the month of February increased by 24% when compared to February 2006 (7,766 to 9,670).  Average days on market went from 58 to 49 when comparing January of this year with February.  More listings and less days on market would seem to indicate that we can expect a robust spring housing market.

Detached Sales Highlights, 1 Year Change
Greater Vancouver, +11.4%
Burnaby, +12.8%
North Vancouver, +9.1%
Vancouver East, +11.1%
Vancouver West,  +14.3%
West Vancouver, -0.3%

Townhouse Sales Highlights, 1 Year Change
Greater Vancouver, +15.1%
Burnaby, +12.5%
North Vancouver, +17.7%
Vancouver East, +19.3%
Vancouver West, +17.7%

Condominium Sales Highlights, 1 Year Change
Greater Vancouver, +15.3%
Burnaby, +15.9%
North Vancouver, +15.1%
Vancouver East, +18.2%

*These figures are from benchmark properties, which represent a typical property within each market.
Vancouver West, +13.2%
West Vancouver, +10.1%

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