March Real Estate Statistics

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March housing sales skyrocketing more than 126% higher than in March 2020 – the month the Covid-19 pandemic began – to the highest monthly sales pace ever recorded in Greater Vancouver.

The composite benchmark home priced leaped 9.9% in March from a year earlier and detached house prices surged nearly 18% higher to an all-time high of $17 million.

The unprecedented action of

5,843 sales in the month – more than 174 sales every day – blew past housing forecasts and eclipsed the former all time sales record set in March of 2016, long recognized as the peak year for housing sales in the region.

If you have any questions about the market, please contact me. I’m happy to help!

 

I invite you to connect with me via phone, email or social media:

 (604) 790-6589

 matt@mattmagee.ca

 mattmageerealtor

 mattmageerealty