VANCOUVER (NEWS1130) – Greater Vancouver home sales rose 3.9% in July to 3,061.
The adjusted average selling price rose 4.4% to $628,600, according to the Real Estate Board of Greater Vancouver.
It says July was the fourth month in a row that sales topped 3,000.
REBGV president-elect Darcy McLeod says the activity is in the “upper reaches” of a balanced market.
There were more sales of detached homes than condos last month, with the average house price at $980,500.
The unadjusted actual average price for a house last month was $1.2 million.