April 04 2011  Through March there was a continued strengthening of the market in Greater Vancouver with over 4000 homes sold, and almost 7000 new listings coming on the market.

 

The benchmark house price for all property types combined had increases by 5.4 per cent over 12 months to $615,810. The benchmark price for detached properties increased 8.3 per cent from March 2010 to $866,806, while the benchmark price of an apartment property increased 2.1 per cent from March 2010 to $403,885; this is for the whole Greater Vancouver Real Estate Board.

 

To view House Price Index graphs for the various communities in the Greater Vancouver Area, CLICK HERE.