Buyers and sellers have become more active through the month of May after a quiet April 2020.
The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver today is $1,028,400. This is virtually unchanged from April 2020, a 1.4 per cent increase over the last three months, and a 2.9 per cent increase compared to May 2019.
Residential home sales in the region totaled 1,485 in May 2020, and a 33.9 per cent increase from the 1,109 homes sold in April 2020.
Feel free to stay awhile, check out my Blog, Listings and Testimonials.
Do you have the right Real Estate Representative for the right market?