The Vancouver real estate market is growing according to the sales prediction made by the R.E. Association

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,389 in January 2021, a 52.1% increase from the 1,571 sales recorded in January 2020 and a 22.76 per cent decrease from the 3,128 homes sold in December 2020.

The B.C. Real Estate Association has just forecast sales for 2021 that are the highest since 2016, when home sales and prices in Metro made international headlines for their stratospheric climbs.

Joanne Lee-Young

Here is an overview of the housing market report during the entire month of January 2021.