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Vancouver Real Estate Market Conditions Improving

Things are looking up! The BC Real Estate Association reported October 13th that market conditions are beginning to show improvement. MLS unit sales increased 2% in September up from August 2010 and the average price rose 4% in the month of September compared to September 2009.

BCREA Chief Economist Cameron Muir noted that while conditions aren't as frantic as last fall, home sales increased for the 2nd consecutive month in September.

Historically low fixed mortgage rates are expected to continue to bolster demand in the housing market throughout the fall.

Click here for the complete news release, including details statistics http://www.bcrea.bc.ca/news_room/2010-09.pdf

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