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Blog by Don Kennedy

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Vancouver west attached

March statistics
Attached please find the latest statistics from the Real Estate Board of Greater Vancouver.

The News Release heralds March 2016 as the highest selling month EVER for the REBGV.

 Last month compared to the previous March Metro Vancouver residential sales are up 27.4 percent. The supply of detached, attached and apartment homes continues to lag behind demand so although the inventory of new listings last month is 5.2 percent higher than March 2015, the total inventory of listed properties is down by 40.5 percent year to year. Composite value is up 23.2 percent March to March.

The graph presents the monthly average price of attached units in Greater Vancouver as up 3 percent from February to March. Last month compared to March 2015 the benchmark price for a townhome rises 20.1 percent. Attached unit sales increase year to year by 8.9 percent.

Last month versus March 2015 Vancouver west townhouse prices increase by 21.7 percent. In March 2016 attached unit sales are 8.3 percent under the previous March. Year to year inventory is 35.5 percent lower.

From February to March west side attached sales stay strong via a 32 percent increase. Month to month Vancouver west attached inventory declines by 5 percent.


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