Lower Mainland market stabilizes as it enters winter period

December 16, 2011

REBGV and FVREB Nov 2011

The Real Estate Board of Greater Vancouver (REBGV) reported steady home sales and listing activity in November 2011, bringing some much needed stability at the end of a volatile year. Sales of detached, attached and apartment properties reached 2,360 units in November, a 5.9 per cent decline when compared to the 2,509 units sold in November 2010. There were also 3,222 new listings in November 2011, a 6.3 per cent increase when compared to the 3020 new units listed in November 2010.

The Real Estate Board of Greater Vancouver (REBGV) reported steady home sales and listing activity in November 2011, bringing some much needed stability at the end of a volatile year. Sales of detached, attached and apartment properties reached 2,360 units in November, a 5.9 per cent decline when compared to the 2,509 units sold in November 2010. There were also 3,222 new listings in November 2011, a 6.3 per cent increase when compared to the 3020 new units listed in November 2010.

Source: REBGV

Source: FVREB