Interactive MLS Price Charts
Housing Market Moves Towards Traditionally Busier Spring Season
March 13, 2012
VANCOUVER, B.C. – March, 2, 2012 –
Residential property sales in Greater Vancouver reach 2, 545 on the MLS system February 2012 which represents a 61.4% increase from last month. However, this was a 17.8% decrease from last year and 2.9 from February 2010.
February 2012 listing count was the second highest February total in Greater Vancouver since 1996. “Region-wide we’ve seen relative stability in home prices over the last six months, but it’s important to do your homework and consult your REALTOR because pricing can vary considerably depending on the neighborhood and property type,” Setticasi said.
The MLS HPI (Home price index) benchmark price currently for all residential properties in Greater Vancouver sits at $670,000 up 6% compared to last year and an increase of 0.9% since last month. The benchmark price for all of Lower Mainland is $601,300 which is an increase of 5.5% compared to last year.
Sales of detached…Read More »
