Metro Vancouver

Investment Specialist
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Alphonse Quenneville

Metro Vancouver Homes - The Q Report July 2009.07

Overall real estate sales in Metro Vancouver reached 4,107, bringing the year-to-date sales up 5.8% from last year. July listings available for sale were own 17.5% from one year ago.

Detached home sales were up 95.6% from July 2008, and 9.5% year-to-date. Prices were down 5.5% from last July, though they increased slightly from last month. The inventory of detached homes available for sale fell by 15.7% from July 2008.

Similar trends appeared for attached homes and condominiums, with year-to-date sales up 8.7% and 1.4% respectively.  The benchmark price of attached homes averaged $452,085, while condominiums came in at $365,291.

Statistical Source: Real Estate Board of Greater Vancouver

Published Saturday, August 29, 2009 8:23 PM by Alphonse Quenneville

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