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REBGV June 2010 Stats


Blog by Rebecca Permack | July 10th, 2010


The Greater Vancouver June market stats reflect a stable summer market. 

The Real Estate Board of Greater Vancouver has released the June Market Statistics for June 2010.  As we have been experiencing first-hand, the statistics aren't surprising in their findings that activity has slowed significantly from the overheated activity of June 2009.  We are entering into a stable summer market that has only dropped 5.6% from last month.  This stable activity is a refreshing change from the extreme near record-setting high of June 2009 and the extreme low of June 2008, when we were in a period of recession. 

Even though activity has slowed from the same time last year, the City of Coquitlam has seen an 11.7% increase in the benchmark price for detached homes, a 12.6% increase for attached homes, and 10.0% increase in the benchmark price for apartments from June 2009. 

 

View the entire Real Estate Board June stats package.