Greater Vancouver Real Estate Statistics 2007

The 2007 Landcor report summarizes Greater Vancouver Real Estate statistics for 2007;

• A record number of apartments were sold during 2007, pushing a record high of 27,793. This has pushed the median price higher by 14.9% to 310,300 from $270,000 in 2006.

• Detached property rose 15.1% with median prices reaching $605,000, a record high, and more than double 2001 prices.

• Attached prices increased 10.9% and reached $380,000.

• Sales of vacant land increased by a massive 65.8%.