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Uptick in homes sales in Vancouver

Darpan News Desk The Canadian Press, 03 Dec, 2024 01:02 PM
  • Uptick in homes sales in Vancouver

Realtors in Metro Vancouver say buyers are taking advantage of a relatively balanced market as the number of homes changing hands in November rose more than 28 per cent from the same month last year.

The Greater Vancouver Realtors board says almost 22-hundred existing homes were sold last month, up from the roughly 17-hundred figure recorded in November 2023.

The number, however, is still about 13 per cent off the 10-year average.

The board says the composite benchmark price in November fell about 1 per cent from a year earlier, down to about 1.17-million-dollars — a level essentially unchanged from October.

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