The Real Estate Board of Greater Vancouver says October home sales were up 29 per cent compared to a year ago, making it the second-best October on record.
The board says its agents sold 3,687 homes last month, up from 2,858 sold in October 2019.
Home sales were also up 1.2 per cent from September amid a surge in sales of detached homes.
The benchmark price for Vancouver homes hit $1,045,100 in October, up six per cent from last October and 0.4 per cent from September.
The housing market has been catching up after COVID-19 lockdowns earlier this year stymied the spring selling season.
Board chair Colette Gerber says October's housing market snapshot shows that people are re-thinking their housing situation during the COVID-19 pandemic, with more days and evenings spent at home this year.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of either the Real Estate Board of Greater Vancouver (REBGV), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB). Real estate listings held by participating real estate firms are marked with the MLS® logo and detailed information about the listing includes the name of the listing agent. This representation is based in whole or part on data generated by either the REBGV, the FVREB or the CADREB which assumes no responsibility for its accuracy. The materials contained on this page may not be reproduced without the express written consent of either the REBGV, the FVREB or the CADREB.
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