Multiple Listing Service® (MLS®) sales summary data for August released by the Vancouver Island Real Estate Board (VIREB) shows housing sales activity in the VIREB coverage area was down 8% when compared to August 2013.
President Elect Jason Finlayson is encouraged by the strong summer showing.
“August 2014 sales remained strong in the Vancouver Island housing market area, continuing to reflect a balanced market,” notes Finlayson. “Most REALTORS® had busy summers, and we expect that trend to continue into the fall.”
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