Greater Vancouver housing market favoured Buyers in June 2012

The housing stats are out and the Greater Vancouver housing market favoured Buyers in June 2012.  The number of residential property sales hit a 10-year low in Greater Vancouver in June, while prices remained relatively stable.  

Residential property sales of detached houses, condos and townhouses decreased 17.2% over May 2012, and decreased 27.6% over June 2011.

June sales were the lowest total for the month in the region since 2000 and 32.2% below the 10-year June sales average.  

Keep in mind the activity varies depending on the city, neighbourhood, type of housing you are interested in, etc, so to view the detailed stats click here...