FEBRUARY MARKET UPDATE!
Home buyer demand again saw strong year-over-year increases in February while the total inventory of homes for sale struggled to keep pace.
This was most pronounced in the condominium market.
The MLS® Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $1,020,600. This represents a 0.3 per cent increase over February 2019 and a 2.7 per cent increase over the past six months.
Let’s keep an eye out on the moving market!