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Market Update - May 2014

(June 10, 2014)

Home buyer demand increases across Greater Vancouver housing market

The increase in home buyer demand puts Greater Vancouver in the upper reaches of a balanced real estate market in May.

The Real Estate Board of Grater Vancouver reports that residential property sales are up 14% compared to May 2013.

Last months sales were 6.5% below the 10 year average for May.

The sales-to-active listings ratio curr... read more.