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Vancouver home sales rise in May, nearing 10-year average, real estate board says

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The B.C. board says Vancouver’s housing market is showing signs of heating up heading into the summer, as prices increased for the sixth consecutive month

The board says sales for the month totalled 3,411, which was 1.4 per cent below the 10-year seasonal average of 3,458.

There were 5,661 new listings last month, an 11.5 per cent decrease compared with a year ago and 4.3 per cent lower than the 10-year seasonal average of 5,917.

 

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