Vancouver, B.C. June 2, 2006 - The Real Estate
Board of Greater Vancouver (REBGV) reports that sales of detached,
attached and apartment properties reached 4,297 units in May 2006, a
modest decrease of 3.1 per cent compared to the 4,434 units sold in May
2005. This figure also represents an increase of 9.7 per cent over May
2004 when 3,918 sales were recorded.
"The increase in listing activity we saw this
May is great news for homebuyers in the Greater Vancouver market," says
REBGV president Rick Valouche. "The number of residential properties
available for sale rose by more than 14 per cent when compared to the
same period in 2005. This