Vancouver’s March home sales up 27 per cent since February: B.C. real estate board

The Real Estate Board of Greater Vancouver says home sales picked up between February and March but are still down from a year ago.

The board attributed some of the decrease to March 2021 being the highest selling month in its history, but noted that last month’s sales were still 25.5 per cent above the 10-year March sales average. The benchmark price for all residential properties in the area sat at more than $1.3 million last month, a 20.7 per cent increase from last March and a 3.6 per cent climb from February 2022.

“We’re still seeing upward pressure on prices across all housing categories in the region. Lack of supply is driving this pressure,” John said, in a statement.

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Kitchener-Waterloo real estate prices fell slightly in March | Globalnews.caFor the first time in six months, the Kitchener-Waterloo Association of Realtors reported a decrease in the average cost of buying a home. I feared sales wd fall but prices not. Canada has perhaps worst housing crisis in the world w/price&rent appreciation rates unseen elsewhere.Our gov'ts' policies have turned a basic essential need, housing, into an unaffordable luxury, pandering to owners' greed:Unforgivable evil
Source: GlobalNational - 🏆 81. / 51 Read more »

Kitchener-Waterloo real estate prices fell slightly in March | Globalnews.caFor the first time in six months, the Kitchener-Waterloo Association of Realtors reported a decrease in the average cost of buying a home. I feared sales wd fall but prices not. Canada has perhaps worst housing crisis in the world w/price&rent appreciation rates unseen elsewhere.Our gov'ts' policies have turned a basic essential need, housing, into an unaffordable luxury, pandering to owners' greed:Unforgivable evil
Source: GlobalNational - 🏆 81. / 51 Read more »