Modest home sales boost in Greater Vancouver in May, but market still sluggish

The board says 2,638 homes changed hands in May -- the first time this year that sales jumped above 2,000 properties in a month.

The number of listed homes across Metro Vancouver also edged upward 2.3 per cent between April and May, to 14,685, marking the highest number of properties for sale in the region since September 2014. The composite benchmark price for all residential homes in Metro Vancouver is currently $1,006,400, an 8.9 per cent tumble in one year, a 3.4 per cent skid over the last six months and a 0.4 per cent slip since April.

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Vancouver property development industry pushing back against recommendation for developers and sales staff to become licensedVancouver property development industry pushing back against recommendation for developers and sales staff to become licensed GlobeBC GlobeBC They should need a license, they act like criminals. GlobeBC “Just trust us” isnt really working out for the average British Columbian now is it. GlobeBC Pretty much sums up the ignorance that exists on this file and the power of the CREA lobbyists. REALTOR is a trademarked brand not a profession or designation. No need to be licensed and license the trademarks both in 2019. Vanre
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