FOR IMMEDIATE RELEASE
For more information please contact:
Sean Horlor, External Communications
Real Estate Board of Greater Vancouver
Phone: (604) 730-3091 Fax: (604) 730-3102
E-mail: shorlor@rebgv.org also available at http://www.realtylink.org
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http://www.realtylink.org/whatsnew/news ... ?news=0407
The Real Estate industry is a key economic driver in British Columbia. In 2006, dollar volume sales of homes in Greater Vancouver
set a new record at more than $18.2 billion. Based on this figure, Greater Vancouver home sales in 2006 generated over $922 million
in spin-offs.
“Last month we saw a relatively fast turnaround on the majority of properties listed on the MLS® system. The average
days on market dropped to 43 days in March 2007, compared to 49 days in February 2007,” says REBGV president Brian
Naphtali. “Consumer demand for property in the Greater Vancouver area is still very, very high and the market is heating up
as a result.
“With year-over-year double-digit price increases pushing the average price for a single-family home to near record levels,
sellers are continuing to get excellent value for their homes throughout Greater Vancouver. Despite these price increases,
buyers are still not shying away from this market either,” says Naphtali. “New listings are still very tight, but the increase in
total listing inventory is opening new opportunity for people to make that long awaited move to their new home.”
According to Multiple Listings Service® (MLS®) data, sales of apartment properties decreased by 13.9 per cent to 1,532
sales in March 2007 compared to 1,779 sales in March 2006. The benchmark price of an apartment property in Greater Vancouver,
calculated by the MLSLink® Housing Price Index, is $349,373, up 14.5 per cent from one year ago.Sales of attached properties decreased by 10.8 per cent in March 2007 to 651 sales, compared to 730 sales in March 2006.
The benchmark price of an attached unit is $428,299, up 13.9 per cent from a year ago.
Sales of detached properties decreased by 8.2 per cent in March 2007 to 1,399 sales, compared to 1,524 sales in March
2006. The benchmark price of a detached unit is $682,173, up 11.8 per cent from last year.“T
o get a better picture of what’s happening in your community, consult your local REALTOR®,” suggests Naphtali.
Bright spots in Greater Vancouver in March 2007 compared to March 2006:
DETACHED:
Delta South up 8.9%......................... (61 units sold, up from 56)
ATTACHED:
Vancouver East up 19.1% .................(56 units sold, up from 47)
Burnaby up 8.2% ..........................(106 units sold, up from 98)
APARTMENTS:
Burnaby up 9.6% ......................(194 units sold, up from 177)
Port Coquitlam up 13.6% ..................(50 units sold, up from 44)
Port Moody/Belcarra up 26.7% .........(38 units sold, up from 30)
Squamish up 150% ..........................(20 units sold, up from
Preliminary Report MLSLINK HOUSING PRICE INDEX
March 2007
(канадка): Очень Уважаемые члены комитета, я уважаю вашу работу бла-бла-бла. Почему мой дом оценен больше соседних пяти, если у меня (показывает 
.