Home sales down in Metro Vancouver: Conference Board of Canada report
VANCOUVER — Home sales fell in Metro Vancouver for a fourth straight month in June, but aspiring homeowners shouldn’t celebrate yet — it’s still a seller’s market.
A new report from the Conference Board of Canada says sales fell in 15 of 28 markets nationally, including Toronto and Montreal.
The annual rate of sales in Metro Vancouver reached 44,688 homes last month, a 5.3 per cent drop from the previous month but a 5.1 per cent increase from a year before.
Prices remained flat around the $1-million mark, but are still up 12 per cent from June 2015.