News Release
FOR IMMEDIATE RELEASE
from the Real Estate Board of Greater Vancouver
May benchmark average price for single family home breaks record
Vancouver, B.C. June 4, 2007 – The Real Estate Board of Greater Vancouver (REBGV) reports that total residential sales for detached, attached and apartment properties reached 4,331 units in May 2007, a slight increase when comparedto the 4,297 units sold in May 2006. This figure also represents a decrease of 2.3 per cent when compared to the4,434 sales in May 2005.
New listings for detached, attached and apartment properties increased by 6.2 per cent to 6,149 units