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June Sales Second Highest On Record

By
Real Estate Agent with Royal LePage

June was another banner month in the Vancouver real estate market. We had the second highest number of sales during the month of June in REBGV's history.

We saw a rise of 7.4% in sales in June 2007 over a year ago while new listings rose only 1.3% over that period. Prices rose approximately 10% during that time.

"Housing sales in Greater Vancouver continue to be higher than historical norms. Combine strong deman with a healthy number of active listings, and you have a good market for both buyers and sellers," says REBGV president Brian Naphtali.