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Greater Vancouver real estate market accelerates, no signs of stopping

2016-02-17 20:43:37| Real Estate - Topix.net

Like a runaway freight train, the residential real estate market in Greater Vancouver - the strongest in the country - continues to accelerate and shows no signs of stopping, according to Canadian Real Estate Association data released Feb. 16. In January, the region saw a total of $2.8 billion in home sales, which is up 73 per cent compared with $1.6 billion in January 2015. As well, the average sales price jumped 31 per cent to $1.08 million from $828,000 last year.

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