Vancouver home prices rose in August amid above-average sales rate
Metro Vancouver home sales hit 3,047 in August at a benchmark price of $1.04 million, as the housing market continued its recovery from the COVID-19 pandemic. The Real Estate Board of Greater Vancouver says the number of homes sold last month was nearly 20 per cent higher than the 10-year average for August, although there was a slight decrease from the 3,128 homes sold in July. The benchmark price in August was 5.3 per cent higher than August 2019 and 0.7 per cent higher than July. Board chairwoman Colette Gerber says the higher-than-average sales were driven by people who put their plans on...
8.85 c|
