March 2020 Market Highlights

METRO VANCOUVER MARKET HIGHLIGHTS:
March 2020 | @realestateboardofgv
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Metro Vancouver’s* housing market saw steady home buyer demand to begin March and a leveling off of activity as the month went on and concerns about the COVID-19 outbreak intensified.
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The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,524 in March 2020, a 46.1 per cent increase from the 1,727 sales recorded in March 2019, and a 17.4 per cent increase from the 2,150 homes sold in February 2020. Last month’s sales were 19.9 per cent below the 10-year March sales average.
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For full market update visit www.rebgv.org