New Stats from our Real Estate Board
(February 09, 2012
)
New statistics were recently release on our housing market. Here are some of the highlights:
- According to MLS, we continue to experience more stability and less fluctuation than the beginning of 2011.
- The trend of increased selection and stability in price, equals less competition and allows buyers more time to look for homes.
- The MLSLink Housing Price Index determines the price trends in the housing marketing. We have seen a 5.7% increase in all residential properties in Greater Vancouver, compared to January 2011.
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