2014 year end Housing Market Update – The Real Estate Board of Greater Vancouver
January 17th, 2015
There seems to be some confusion regarding how 2014 faired. Facts are the residential market prices increased however not at the record pace BC residences are use to. Surprisingly Townhomes and Condos finished the year strong while Detached Homes pushed the average with an 8.1% increase in prices over 2013 prices. Over all we saw a 5.8% average increase in all homes sales in the Greater Vancouver Area.
Detached Homes 8.1%
Townhomes 4.5%
Condos 3.5%
