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August 2017 market fuelled by condo and townhouse sales

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“First-time home buyers have led a surge this summer in demand in our condominium and townhome markets,” Jill Oudil, REBGV president said. “Homes priced between $350,000 and $750,000 have been subject to intense competition and multiple offers across the region.”

There were 4,245 detached, attached and apartment properties newly listed for sale on the Multiple Listing Service® (MLS®) in Metro Vancouver in August 2017. This represents a 1.1 per cent decrease compared to the 4,293 homes listed in August 2016 and a 19.2 per cent decrease compared to July 2017 when 5,256 homes were listed.

Download the entire stats package here.

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  • RE/MAX Select Properties
  • Phone:604-910-9961
  • Address:5487 West Bouelvard
  • Vancouver
  • V6M 3W5
  • Oakwyn Realty
  • Phone:778-988-9102
  • Address:3195 Oak Street
  • Vancouver, BC
  • V6H 2L2