The average days on market for homes selling in February was 32 days, a 10-day improvement over January and only a week off February 2008, when more brisk conditions prevailed, she said.
"Contrast our 32 days in February to Vancouver's 67-day average days on market, and we should not feel overly concerned about our current market situation," she added.
The slower sales last month, however, have the inventory at the end of the month 58 per cent higher than the same period last year.