Sales of apartment properties reached 1,622 in March 2011, a 29.6 per cent increase compared to the 1,252 sales in March 2010 and an increase of 66.2 per cent compared to the 976 sales in March 2009. The benchmark price of an apartment property increased 2.1 per cent from March 2010 to $403.885.

Attached property sales in March 2011 totaled 663, a 20.8 per cent increase compared to the 549 sales in March 2010 and a 69.1 per cent increase from the 392 attached properties sold in March 2009.

The benchmark price of an attached unit increased 3.6 per cent between March 2010 and 2011 to $511,039.

Please click HERE to view the Quarterly Report in it’s entirety via Adobe PDF!

And please head over to susankeevil.com and coalharbourscondos.com for neighbourhood specific information and listings!

Please click HERE to view the Quarterly Report in it’s entirety via Adobe PDF!  And please head over to susankeevil.com and coalharbourscondos.com for neighbourhood specific information and listings!

“Activity in June marked a healthy balance between the near record setting pace of June 2009 and the considerably slower activity witnessed in June 2008, a period of recession as we all know,” Jake Moldowan, REBGV president said.

“We didn’t experience any record-breaking activity in June, but we did see a stable summer market,” said Moldowan. “The number of new listings coming on the market is not as dramatic as we saw over the previous three months and demand remains at a healthy level for this traditionally quieter time of year”.