Vancouver Real Estate market Update

June 4, 2007 | Market Update | By Aaron Rossetti

The Real Estate Board of Greater Vancouver reports continued strength in the Vancovuer market through the month of May. President Brian Naphtali summarized that "the MLS system is showing us that the average days a property spent on market dropped again for the fourth consecutive month." This while prices for single family detached homes reached a new high, with "the benchmark average price for a detached home [passing] the $700,000 mark."

Click here to read more of the latest news release, or contact Rossetti Realty Ltd. agent today to discuss the current market and what is happening in your community.