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Vancouver Real Estate Sales break records in July
August 8, 2009 by Amy Kizaki · View Comments
And we thought June was a great month for the Vancouver real estate market.
The Vancouver Sun reported a couple of days ago that both the Metro Vancouver and the Fraser Valley real estate boards reported record home sales for the month of July. Below are the juicy details (aka the numbers)!!
July Sales for Vancouver Real Estate
4,114 sales in Metro Vancouver (via MLS)
–> 89% increase from July 2008
Price of typical single family home in Greater Vancouver area: $711,702
–> -5.5% since July 2008
–> +10% since beginning of 2009
2,089 sales in Fraser Valley (via MLS)
–> 62% increase from July 2008
Price of typical single family home in Fraser Valley area: $477,420
–> almost -6% since July 2008
–> almost +4% in the last 3 months
Of these sales, a whopping 37% were comprised of first time home buyers.
