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.
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