The Real Estate Board of Greater Vancouver says home sales across the region have returned to “more typical seasonal levels” and that there are modest signs continuous price increases might ease.
Board chair Daniel John says May 2022 sales were also 12.9 per cent below the 10-year sales average, while the number of properties listed for sale in May was up just over four per cent compared with the month earlier. The composite benchmark price for all residential properties in Metro Vancouver was $1,261,100, a 14.7 per cent increase compared to May 2021 and a 0.3 per cent decrease compared to April 2022.
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Let’s see North Vancouver crash 💥