No respite for property sales in Vancouver-area’s scalding housing market
Vancouver’s blistering housing market continued to stun purchasers and elate sellers in March with record-breaking figures released from the Real Estate Board of Greater Vancouver.
Numbers released Monday by the board showed 5,173 residential properties were sold last month, a hike of 24 per cent over February, and 56 per cent above the 10-year sales average.
“March was the highest selling month the (board) has ever recorded,” said president Dan Morrison in a news release.
He said activity touched every neighbourhood in the region, which covers an area from South Delta north to Whistler and from Vancouver east to Maple Ridge.