<\/p>\n
Metro Vancouver\u00a0home buyers spent the summer months searching for their next home.<\/strong> Between June and August, home sales were between 25 and 30 per cent above the ten-year sales average.<\/strong><\/p>\n The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in Metro Vancouver reached 3,362 on the Multiple Listing Service\u00ae (MLS\u00ae) in August 2015. This represents a 21.3 per cent increase compared to the 2,771 sales recorded in August 2014, and a decrease of 15.5 per cent compared to the 3,978 sales in July 2015.<\/p>\n Last month\u2019s sales were 27.9 per cent above the 10-year sales average for the month.<\/p>\n \u201cThere was no summer lull in our market this year. Home buyers have been working with their REALTORS\u00ae throughout the summer months,\u201d<\/strong> Darcy McLeod, REBGV president said. \u201cThey\u2019re motivated, but they\u2019re competing for a smaller supply of homes for sale than is typical for this time of year \u2014 that\u2019s the dynamic driving our market right now.\u201d<\/p>\n New listings for detached, attached and apartment properties in Metro Vancouver totalled 4,281 in August. This represents an 8.7 per cent increase compared to the 3,940 new listings reported in August 2014.<\/p>\n The total number of properties currently listed for sale on the region\u2019s MLS\u00ae is 10,897, a 26.2 per cent decline compared to August 2014 and a 5.3 per cent decline compared to July 2015.<\/p>\n \u201cThose who have a sound buying strategy and an understanding of current price trends are having the most success in today\u2019s market,\u201d McLeod said.<\/strong><\/p>\n The MLS\u00ae Home Price Index composite benchmark price for all residential properties in Metro Vancouver is currently $708,500. This represents a 12 per cent increase compared to August 2014.\u00a0+ Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Metro Vancouver\u00a0home buyers spent the summer months searching for their next home. Between June and August, home sales were between 25 and 30 per cent above the ten-year sales … [read more<\/a>]<\/p>\n","protected":false},"author":2,"featured_media":36,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[],"_links":{"self":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/20"}],"collection":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/comments?post=20"}],"version-history":[{"count":5,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/20\/revisions"}],"predecessor-version":[{"id":50,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/posts\/20\/revisions\/50"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/media\/36"}],"wp:attachment":[{"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/media?parent=20"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/categories?post=20"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.juliafreeman.ca\/blog\/wp-json\/wp\/v2\/tags?post=20"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}