The Real Estate Board of Greater Vancouver ( REBGV) reports that while there are fewer housing sales in March 2008 compared to last year, residential prices continued to climb.
"The market is continuing to balance, with sales and listings beginning to rel-align with our 10 year averages," say REBGV president, Dave Watt. " The selectin of inventory hitting the market is wider than we have seen in the past few years, which gives prospective buyers more choices."

The Real Estate industry is a key economic driver in BC. In 2007, 38,050 homes changed hands in the Board's area generating $1.065 billion in spin-offs.