Once again we thank realtor Larry Yatkowsky who promptly provides monthly statistics for the interested to peruse.
The big news for this month? Vancouver's detached home price hits another record high at $1, 361,023.
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?
================== 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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