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A quick snapshot of June 2018 Sales in Metro Vancouver:
Relative to May 2018, sales activity was down in all 3 categories of homes. Condos saw a small increase in their benchmark prices. Townhomes saw a miniscule $300 price increase. Detached homes averaged almost 10K decrease.
All 3 categories saw a decrease in their sales-to-listings ratios. Specifically, with a 12% S/L ratio, it is now a Buyer's Market for detached homes.
Copyright British Columbia Real Estate Association. Reprinted with permission.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the GVR, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the GVR, the FVREB or the CADREB.
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