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Jan 08, 2010 Jeffrey The latest stats from, December of 2009, published by the Real Estate Board of Greater Vancouver, REBGV, depict a very fast market. Amazingly the average price of a detached home in Vancouver is now up to a sizzling $952,927. This is an almost unbelievably strong ending to 2009 house prices. The Christmas season is normally a time of slow real estate sales.
In Dec 2009 the Sale/List records reveal an astonishing increase to 182%. Perhaps homes were purchased as Christmas gifts. Sizzling record may be a bubble milestone in Canada’s housing history. Look at the following information. These statistics talk about Vancouver strong ending for last 8 weeks in 2009:
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