604-725-1000 Value of properties sold as of May 21, 2024: $1.4 Billion +

Is it a balanced real estate market?

The lower mainland Real Estate market is in an equilibrium with sales surging 11.9 percent compared to June 2012 for single family detached homes, condos and townhomes. This increase is the greatest increase in the last 2 years. In May, residential sales volume climbed a mere 1 per cent in Greater Vancouver, following a 19-month stretch of year-over-year declines in the number of properties sold.

Read more for the full article by Mayur Arora:

What do you think? Don’t hesitate to share your opinion by leaving us a comment below.