22.39°C Vancouver

Jul 5, 2021 9:26 PM -

Metro Vancouver real estate sales eased in June as benchmark price was flat

Share On
metro-vancouver-real-estate-sales-eased-in-june-as-benchmark-price-was-flat
A real estate sold sign is shown outside a house in Vancouver, Tuesday, Jan. 3, 2017. THE CANADIAN PRESS/Jonathan Hayward

The real estate market in Metro Vancouver eased in June from its record-setting pace in March and April.

The Real Estate Board of Greater Vancouver says the number of home sold in the region totalled 3,762 last month, up 54 per cent from the 2,443 sales recorded a year earlier, but down 11.9 per cent from the 4,268 sold in May 2021.

Sales last month were 18.4 per cent above the 10-year June sales average.

The benchmark price for all residential properties in Metro Vancouver was $1.175 million, a 14.5 per cent increase from last June and up 0.2 per cent from the prior month.

Sales of detached homes rose 45.7 per cent to 1,262, with a benchmark price of $1.8 million that was 22 per cent higher on the year but virtually unchanged from May.

Apartment home sales surged 60.5 per cent to 1,774, with a price of $737,600 that was up 8.9 per cent from the prior year, while sales of attached homes increased 53.8 per cent to 726.

The benchmark price of $946,900 was up 17.4 per cent from June 2020, but just 1.1 per cent higher than May.

Latest news

BCJul 24, 2025

Construction starts on new BC Cancer centre in Kamloops

Construction has begun on a new BC Cancer centre in Kamloops that will provide people in the Thompson-Cariboo-Shuswap region with better access to cancer care closer to home. "This new BC Cancer centre in Kamloops is the single largest capital investment into the expansion of cancer care in the Kamloops region,” said Bowinn Ma, Minister of Infrastructure. “By building a facility equipped with the latest technology designed to meet the growing treatment needs of patients in the area, we're helping more people have access to high-quality cancer care closer to home. This project is part of o
number-of-federal-public-service-jobs-could-drop-by-almost-60-000-report-predicts
CanadaJul 24, 2025

Number of federal public service jobs could drop by almost 60,000, report predicts

A new report by the Canadian Centre for Policy Alternatives says the federal public service could shed almost 60,000 jobs over the next four years as Ottawa looks to cut costs. Earlier this month, Finance Minister François-Philippe Champagne sent letters to multiple ministers asking them to cut program spending at their departments by 7.5 per cent next spring, 10 per cent the year after and 15 per cent in 2028-29. The report, written by senior economist with the Canadian Centre for Policy Alternatives David Macdonald, says the federal public service could lose up to 57,000 employees by 2028.
surrey-council-approves-lease-for-new-covered-practice-facility-at-cloverdale-athletic-park
CanadaJul 24, 2025

Surrey Council approves lease for new covered practice facility at Cloverdale Athletic Park

Surrey, B.C. – At the Regular Council Meeting on July 14, Surrey City Council approved the execution of a 30-year lease agreement with Surrey United Soccer Club (SUSC) to build, maintain and operate a new covered soccer practice facility at Cloverdale Athletic Park. “This is an exciting milestone as we advance our partnership with Surrey United Soccer Club and take the next step in delivering this much-needed practice facility,” said Mayor Brenda Locke. “By providing the land for this facility at Cloverdale Athletic Park, we’re creating high-quality, year-round training opportun
BCJul 24, 2025

More support on the way to strengthen rural communities

Rural and remote communities, First Nations and not-for-profit organizations can submit applications to fund projects that strengthen and diversify their economies. This is through the Rural Economic Diversification and Infrastructure Program (REDIP). The fourth intake opened on Thursday, July 24, 2025, and runs until Oct. 31, 2025. In its first three years, REDIP will have invested as much as $142 million in more than 450 projects throughout B.C. that will create an estimated 7,000 jobs in rural areas. These projects promote economic diversification, resilience, clean-economy opportunities a
hulk-hogan-icon-in-professional-wrestling-dies-at-age-71
WorldJul 24, 2025

Hulk Hogan, icon in professional wrestling, dies at age 71

Hulk Hogan, the mustachioed, headscarf-wearing icon in the world of professional wrestling, has died at the age of 71, Florida police and WWE said Thursday. Hogan's real name was Terry Bollea. He was perhaps the biggest star in WWE's long history. He was the main draw for the first WrestleMania in 1985 and was a fixture for years, facing everyone from Andre The Giant and Randy Savage to The Rock and even company chairman Vince McMahon. Hogan was also a celebrity outside the wrestling world, appearing in numerous movies and television shows, including a reality show about his life on VH1,``Hog

Related News