Metro Vancouver’s benchmark home price falls below $1M in June: real estate board - News Summed Up

Metro Vancouver’s benchmark home price falls below $1M in June: real estate board


The composite benchmark price for detached houses, townhomes and condos in Metro Vancouver was $998,700 in June, said the Real Estate Board of Greater Vancouver. Townhomes fell 8.6 per cent to $774,700 and condos dropped 8.9 per cent to $654,700. In June, sales of condos fell 24.1 per cent compared with a year ago to 941. Meanwhile, townhome sales last month dropped nearly seven per cent and detached home sales fell 2.6 per cent compared with June 2018. It dropped to 11.4 per cent for just detached homes, but rose to 15.8 per cent for townhomes and 15.7 per cent for condos.


Source: thestar July 03, 2019 16:45 UTC



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