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REBGV April 2014 Market Update

April 2014 of this year saw increased growth in the buyer and seller demand for real estate. With 3,050 homes being sold in April alone, the total listings continue to increase from December of last year with the most amount of total listings available in April at 15,515. The current Sales-to-Active Listing Ratio is hovering around 19.7% and is just about to begin a "sellers" market trend.

 

Overall home prices continue to increase in value and since April of 2013 homes have seen a 3.6% increase in value. The bench mark price for detached homes has remained high due to the low quanitty.

 

If you have any additional real estate questions please don't hesitate to contact us.

 

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The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.