Property listings decrease, as February sales improve

VANCOUVER, B.C. – March 3, 2008 – Residential housing sales in Greater Vancouver rose 94 per cent in February compared to the month before, with 1,480 sales registered in February compared to 762 sales in January, which was the slowest month for housing sales in 25 years. Over the past 10 years, February sales have typically surpassed January by an average increase of 53 per cent. more…

In most of Metro Vancouver, realtors recorded 1,480 Multiple-Listing-Service registered sales, about 45 per cent below the same month a year ago. February sales, however, were almost twice January’s 762 transactions. more…