Vancouver's Home Prices Set Record High in September!

September was a record smashing month for Vancouver's home sales! Sales increased 17.7% year over year! Benchmark sales prices hit record highs at $633,500 for all housing types, and just shy of $1 million for single-family homes across Greater Vancouver.

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Ray Harris, REBGV president, said, “September was an active period for our housing market when we compare it against typical activity for the month.”

Since July 2013, Greater Vancouver MLS home sales have closely tracked the 10-year average. But in September 2014 the region's 2,922 sales beat the average by 16.1 per cent.

Of the properties for sale, 1,270 were detached houses, 464 were attached (townhouses or duplexes) and 1,188 were apartments.

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