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

  • 📰 CTVNews
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 99%

Canada Headlines News

Canada Latest News,Canada Headlines

Home sales in Metro Vancouver showed some bounce in May, but the Greater Vancouver Real Estate Board says sales remain below historical averages.

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.

 

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

 /  🏆 1. in CA

Canada Latest News, Canada Headlines

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

Vancouver home sales hit 19-year low as price decline continuesVancouver home sales hit 19-year low as price decline continues GlobeBusiness
Source: globeandmail - 🏆 5. / 92 Read more »

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
Source: globeandmail - 🏆 5. / 92 Read more »

Toyota and Fiat Chrysler post higher U.S. sales in MayU.S. auto sales are expected to be about 16.9 million units in 2019, a 2.5 per cent fall from 2018
Source: globeandmail - 🏆 5. / 92 Read more »

Abercrombie & Fitch shares plummet on sluggish Hollister demandAbercrombie & Fitch misses quarterly same-store sales estimates, shares fall GlobeBusiness
Source: globeandmail - 🏆 5. / 92 Read more »

Thomas: Golden State may be due for a stinker at homeTwo time NBA Champion Isiah Thomas joins First Take to explain why he believes the Warriors might be due for a stinker at home and it could open the door for the Raptors to steal one on the road. 'being due' isnt how sports work lol
Source: TSN_Sports - 🏆 80. / 51 Read more »

Letters to the editor: May 30: Modest, generous, humble. Plus other letters to the editorLetters to the editor and article responses submitted by The Globe and Mail readers
Source: globeandmail - 🏆 5. / 92 Read more »

New deferred annuities to provide greater income security for retireesSome financial professionals expect the introduction of the advanced life deferred annuity to revive interest in annuities in general as a retirement income planning tool
Source: globeandmail - 🏆 5. / 92 Read more »

Bystanders save mom, baby from random knife attack in Greater Sudbury, Ont.Police in Greater Sudbury, Ont., are hailing a bystander for intervening in a random on-street knife attack on a woman and her baby. Beautiful downtown there.
Source: CTVNews - 🏆 1. / 99 Read more »

Bystanders save mom, baby from random knife attack in Greater SudburyPolice in Greater Sudbury, Ont., are hailing a bystander for intervening in a random on-street knife attack on a woman and her baby. 'The attacker is 25-year-old Alexander Stavropoulos, police said. Stavropoulos was charged in 2018 for possessing dangerous weapons ' Why there is still no call from libtards to ban all knives? Should be behind bars for life. Absolutely sickening
Source: CP24 - 🏆 30. / 67 Read more »

Love for Raptors leads to deeper friendships in Vancouver sports bar“That’s how we met people here. It’s so hard to meet people in Vancouver, people are very introverted here, but we all got together over sports.” Warriors win!!! We the West!!!! bullshit Raptors fans who moved here from Toronto meet Raptors fans who’ve moved here from Toronto and they complain it’s so hard to meet people in Vancouver , hey maybe the locals don’t want to hang out with a bunch of whiney Toronto transplants ?
Source: VancouverSun - 🏆 49. / 61 Read more »