Gord Allan

RE/MAX All Points Realty

Blog by Gord Allan

August housing market third strongest on record

September 13th, 2006
August housing market third strongest on record

Vancouver, B.C. Sept 5, 2006 - Strong consumer demand continues to be the key characteristic of the August housing market, with high sales and listings being posted throughout the Greater Vancouver area.

The Real Estate Board of Greater Vancouver (REBGV) reports that total residential sales for detached, attached and apartment properties reached 2,998 units in August 2006, a decrease of 17.8 per cent when compared to the 3,649 units sold in August 2005 and an increase of 20.5 per cent when compared to the 2,487 units sold in August 2004.

"Although the summer months are typically a slow