February was a busy month for developers

Posted Apr 4, 2008 @ 7:01 am, Viewed by 269 Visitors, Read 272 Times.

February was a busy month for developers in the Vancouver area. They started construction on 2,446 new homes and completed 1,484. This pushed the number of new homes under construction in the Vancouver Census Metro Area to a new record high of 26,560.

In related news, The Real Estate Board of Greater Vancouver (REBGV) reports that residential attached, detached and apartment property sales totalled 2,676 in February 2008, a decline of 6.4 per cent from the 2,859 residential sales recorded in February 2007.

I am still waiting for the March data, but I should be able to post them shortly.

Jay Banks, your Vancouver realtor

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Jay Banks

Jay Banks I was born back East in Hamilton many years ago, but would never leave Vancouver. What makes Vancouver great for me are the wonderful people. Read More

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