Vancouver home sales fall 10% in June but board believes momentum could be building
- Vancouver-Area home sales fell by 9.8% in June, totaling 2,181 sales compared to 2,418 in June 2024.
- There were 6,315 new listings in June, marking a 10.3% increase from last year, as reported by the real estate board.
- The composite benchmark price in June was $1,173,100, down 2.8% from the previous year, according to the report.
- Andrew Lis from the board noted that the sales drop was smaller compared to May, suggesting a potential recovery could be near.
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Vancouver home sales fall 10% in June but board believes momentum could be building
Breaking News, Sports, Manitoba, Canada
Greater Vancouver Real Estate Market Seeing "Emerging Signs Of A Recovery"
Is the worst of the real estate market downturn over now? The answer to that question may be a "yes," according to Greater Vancouver Realtors (GVR), who said in their statistics release this morning that "After a turbulent first half of the year, home sales registered on the MLS across Metro Vancouver are showing emerging signs of a recovery." In June, the Greater Vancouver region recorded a total of 2,181 home sales, which is 9.8% below the 2,4…
Vancouver home sales fall 10% in June but board believes momentum could be building - Mortgage Rates & Mortgage Broker News in Canada
Vancouver-area home sales decreased 9.8% in June but the city's real estate board says that could signal a potential recovery after larger year-over-year declines in previous months.
Vancouver home sales fall 10% in June but the board believes that speed may be manufactured
The sale of the Vancouver-region’s house decreased by 9.8 percent in June, but the city’s Real Estate Board says that ... Read more The post Vancouver home sales fall 10% in June but the board believes that speed may be manufactured appeared first on The Local Report.
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