The Greater Vancouver housing market enters the summer season with home buyer activity on the rise.
An upswing in vacant land transactions helped the commercial real market maintain a steady pace in line with historical activity in the Lower Mainland, according to data from Commercial Edge, a commercial real estate system operated by the Real Estate Board of Greater Vancouver (REBGV).
An increase in home buyer demand put Greater Vancouver in the upper reaches of a balanced real estate market in May.
Home buyers and sellers became more active in the Greater Vancouver housing market in April.
March home sales in Greater Vancouver outpaced last year’s total yet lagged the region’s historical average for the month.