The boom continues

2005-06-22 · Les Twarog & Sonja Pedersen

Sun

B.C.'s hot housing market hit yet another record in May with more homes sold than in any month on record -- 11,093 houses for a total of $3.68 billion. That's a 27-per-cent increase in dollar value over May a year ago, and an 11-per-cent rise in units, according to the B.C. Real Estate Association. Here are the MLS figures for May compared to the same month last year:

Greater Vancouver +28%

Victoria +37%

Okanagan +22%

South Okanagan +62%

Fraser Valley +20%

Vancouver Island +10%

Source: B.C. Real Estate Association, Vancouver Sun