September home sales up 46% year-on-year in Greater Vancouver

Mornings with Simi

English - October 02, 2019 18:20 - 9 minutes - ★★★★★ - 1 rating
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The Real Estate Board of Greater Vancouver is out with its September stats, and the number of homes sold rose 4.6% from August and was up 46% from the same month a year ago.

Board President, Ashley Smith, says we're seeing more balanced housing market conditions over the last three months, compared to the same time last year.

The composite benchmark price for all residential homes in Metro Vancouver is currently at $990,600.

That is an increase of 0.3% from August but down 7.3% from a year ago.

Guest: Ashley Smith