Strong demand continues to drive housing market
March 2nd, 2006Vancouver, B.C. March 2, 2006 - Healthy sales and increased listing activity this February was stronger than previous years except for last year, which posted the highest sales on record. The Real Estate Board of Greater Vancouver (REBGV) reports that 2,941 detached, attached and apartment properties sold in February 2006, a decrease of 4.1 per cent compared to 3068 sales in February 2005.
"These numbers prove that Vancouver is a consistent market as strong demand for real estate continues to drive housing sales," says Georges Pahud, REBGV president. "More than 66 per cent of homes sold in