A real estate sign is pictured in Vancouver, B.C., Tuesday, June 12, 2018. THE CANADIAN PRESS Jonathan Hayward

CREA reports June home sales down 10.7% from year ago, but up from May

The Canadian Real Estate Association says home sales in June were down 10.7 per cent compared with a year ago.

The Canadian Real Estate Association says the number of homes sold in June was down 10.7 per cent from a year ago.

The result was a five-year low for the month of June.

However, sales volume was up 4.1 per cent when compared with May.

The association says it was the first substantive month-over-month increase this year.

The national average price for a home sold in June was just under $496,000, down 1.3 per cent from a year ago.

Excluding the Greater Vancouver and Greater Toronto markets, the average price was just over $389,000.

Related: Flipping through the real-estate market

Related: Okanagan real estate sales slump continues

The Canadian Press

Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

First downtown parklet patio installed on 1st Avenue

Social distancing regulations will determine the total seat count

LSS students make video to commemorate 2020 musical

The LSS production of Newsies was cancelled due to COVID-19

Local handyman crafts emergency float from recycled materials

Pieter Stegeman built Air-Float-One to keep himself busy during the pandemic

Tent Island closed due to neglect and abuse from campers

Illegal campfires common on Penelakut Tribe reserve land

Investigators still hoping to solve 2015 Brown homicide case

Tips being sought into Penelakut Island woman’s death five years ago

53 new COVID-19 cases, no new deaths cap off week of high infection rates in B.C.

Roughly 1,500 people are self-isolating because they either have COVID-19 or have been exposed to it

Moving on: Tanev scores 11 seconds into OT as Canucks oust Wild

Vancouver beats Minnesota 5-4 to move into first round of NHL playoffs

Fitness non-profit challenges citizens to invent a game to be physically active

The campaign was launched after a study showed only 4.8 per cent of children and youths in Canada met required standards of the 24-hour movement guidelines

VIDEO: U.S. Air Force pilot does fly-by for B.C. son amid COVID border separation

Sky-high father-son visit plays out over White Rock Pier

3 Vancouver police officers test positive for COVID after responding to large party

Union president says other officers are self-isolating due to possible exposure

New mothers with COVID-19 should still breastfeed: Canada’s top doctor

Dr. Theresa Tam made the recommendation during World Breastfeeding Awareness Week

Collapse of Nunavut ice shelf ‘like losing a good friend:’ glaciologist

The ice shelf on the northwestern edge of Ellesmere Island has shrunk 43 per cent

RCMP looking for missing teen in Comox Valley

Jenessa Shacter was last seen going for a walk in downtown Courtenay

B.C. wildfire crews have battled 111 blazes in the last seven days

Twenty-nine fires remain active, as of Friday (Aug 7)

Most Read