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Sep 2, 2021 10:31 PM -
The Real Estate Board of Greater Vancouver says home sales have slowed from a frenzied pace earlier this year, but supply has dwindled and prices continue to rise.
The board says August home sales in the region totalled 3,152, a 3.4 per cent increase from last August, but a 5.2 per cent decrease from this past July.
The board says sales last month were about 20 per cent higher than the 10-year August sales average, but new listings were down 30.6 per cent from last August.
It says the composite benchmark price for all residential properties reached one-million-176-thousand in August, up 13.2 per cent from the same period last year and a 0.1 per cent increase from July.
