June Stats Are In - Market Still HOT
Real estate sales in Greater Vancouver continued to rebound in June and the sales slide in the
Fraser
Valley
slowed, the region's real estate boards reported today.
Vancouver
experienced 3,951 Multiple-Listing-Service-recorded sales in June, a 7.4-per-cent increase from June 2006 sales results and the second best June on record, according to statistics from the Real Estate Board of Greater Vancouver.
In the
Fraser
Valley
, realtors reported 2,126 MLS -recorded sales in June, a decrease of three per cent compared with the same month a year ago.
Fraser
Valley
single-family home hit $529,678, up 11.5 per cent over June 2006.
Greater
Condominium apartment sales accounted for the biggest gain, with 1,846 June sales representing an increase of 16 per cent from the same month a year ago. June townhouse sales were also up 3.2 per cent to 775 units.
Those increases outweighed a 10-per-cent decline in June sales of single-family homes across Greater Vancouver. June saw 1,632 single-family homes sold compared with 1,805 in June a year ago.
The so-called benchmark price for a typical single-family home hit $715,715 in June, up 10.3 per cent from a year ago.
In the
The average price of a