Market Insights February 2020
Mar 10, 2020
Written by
Ryan BerlinSHARE THIS
Real Estate Board of Greater Vancouver.Highlights from our monthly housing market report for Metro Vancouver with REBGV President Ashley Smith.February 2020 = 2,150 SALES
- +45% one year increase (or -16% vs. 10-year average)
- 4,002 new listings in February 2020
- 9,195 Total Listings
- Sales-to-Active Listings Ratio: 23% of all Residential (we're in a Seller's Market)
- MLS Home Price Index for all Residential = $1,020,600
- Vs. Last Year +0.3%
- Detached House = $1,433,900 | 6-Month Change= +1.9%
- Townhomes = $785,000 | 6-Month Change= +1.7%
- Condos = $677,200 | 6-Month Change= +3.6%
Written by
Ryan Berlin
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