We saw and increase in prices last month, but so far that isn’t showing an impact on prices which continue to fall.
That’s according to the latest data from the Real Estate Board of Greater Vancouver (REBGV), which said that despite the bump, sales remained 7.8 per cent below the 10-year July sales average.
“Despite the bump in sales, prices have continued to slide. The benchmark price for a detached home across the region in July was $1.4 million, down 10.5 per cent from July 2018 and down 0.5 per cent from June this year.
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