News Formal

Vancouver home prices rise in June, but market activity still below 10-year averages

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 41 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 80%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The upward trajectory of Vancouver\u0027s housing market persisted in June as home prices rose. Find out more.

Play Video

According to the latest report by the Real Estate Board of Greater Vancouver , the MLS Home Price Index composite benchmark price for all residential properties in Vancouver rose 1.3 per cent from May and currently stands at $1,203,000.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Residential home sales experienced an uptick of 21.1 per cent, as a total of 2,988 transactions were recorded in June, surpassing the 2,467 transactions in the same period last year. However, despite this performance, the figures fell short of the 10-year seasonal average by 8.6 per cent, highlighting the market’s continued deviation from historical norms.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Real estate sales up as market returns to traditional seasonal patternA total of 705 properties sold in June, up from 612 in June of last year
Source: timescolonist - 🏆 15. / 75 Read more »