VMD over on Vancouver Condo Info provides an interesting comment on February's real estate sales.
Vancouver February 2014 estimated sales will come in at approximately 2,500. That's an impressive 39% increase over February 2013. Presumably the R/E media will highlight this fact as evidence the real estate market is surging back.
On the flip side, the February 2014 sales are -4% when compared to the 10 year average. January 2014 sales, when compared to the 10 year average, had surged 6%. So February 2014's totals failed to maintain that sales surge.
As VMD says, wonder which number the papers will use as headline?
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