March 2015 Greater Vancouver Stats
Metro Vancouver home buyers are out in force in March
The Residential property sales in Greater Vancouver reached 4,060 on the Multiple Listing Service® (MLS®) in March 2015. This represents a 53.7 per cent increase compared to the 2,641 sales recorded in March 2014, and a 32.6 per cent increase compared to the 3,061 sales in February 2015. Last month’s sales were 26.8 per cent above the 10-year sales average for the month.
The sales-to-active-listings ratio in March was 32.8 per cent. This is the highest that this ratio has been in Metro Vancouver since July 2007. A sales ratio above 20% for a sustained period of time is considered a sellers market...
For the complete March 2015 Stats click here : REBGVStats_2015_3.pdf
.