An increase in raw land sales helped boost commercial real estate totals across the Lower Mainland in the first quarter of 2015, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV).
It continues to be a competitive spring market for Metro Vancouver* home buyers. This competition continues to put upward pressure on home prices, particularly in the detached home market.
Strong home buyer demand coupled with below average home listing activity has created seller's market conditions within the Metro Vancouver* housing market.
Demand continued to rise across Metro Vancouver's housing market in March.