Vancouver Real Estate Blog

Re/Max Western Canada sales Volume Year to Date $4.58 Billion

Re/Max Western Canada with it's 5,915 sales associates and 246 offices has had 11,678 transactions year to date with over $4.58 billion in sales year to date.

Re/Max Housing Barometer Report overview for Western Canada

The Barometer Report focused on 18 major centers across the country. The report talked about inventory levels and significant gains over the decade with a dip in housing prices in the summer 2008 to spring 2009. Home values are to to climb but nothing like we have seen in the last decade. it was partly due to the lower level of inventory that has caused a rise in home prices, but overall their has been a balance market which is expected to last for a while.

House values are rising because of the following reasons: 1) land scarcity, 2) intensification, 3) immigration,4) infrastructure 5) capital spending, 6) improved money markets, 7) rebounding economy.

To read more and to see a fabulous quick utube video of the report click the following:

 http://www.youtube.com/user/remaxwestcanada?feature=mhum#p/u/7/7Z6KCx-3Up0