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The Real Estate Board of Greater Vancouver (REBGV), founded in 1919, is the third largest real estate board in Canada with over 9500 members. REBGV claims to have pioneered the first Multiple Listing Service in Canada.
The absolute leader is Vancouver, in May of this year the average price for Vancouver residential property made $591,7 thousands. Calgary occupies the second place ($429,2 thousands), Toronto is on the thirds place ($382,6 thousands). Besides in May 2007 more than 40.000 real estate objects were sold in Canada.
There are indeed quite a few things that make Vancouver, BC one of a kind town. For starters, if you choose to make Canada your new home - or second home - this is the only one place where temperatures are 'civilized' pretty much all year round.
If you think real estate ads have to be traditional listings and boring pictures, think again. Real estate developers in Canada are hoping a few "Sex & The City" type ads will create a bigger buzz for their new development in Vancouver.
An update on the real estate market for the wealthiest municipality in Canada. After several years of astronomical price increases, the market seems to be leveling out. Although, it was one of the few communities that experienced a growth in sales last month.