Vancouver home sales in October fell from years ago, benchmark price rose – BC News

Vancouver real estate downstairs

The Canadian Press – | History: 350405

The Greater Vancouver Real Estate Agency says home sales in the region fell 5.2 percent in October from a year ago, but remained above the historical average.

The board says home sales totaled 3,494 in October, down from 3,687 in October 2020.

However, it says sales last month were 22.4 percent above the 10-year sales average in October.

The decline in sales compared to a year ago came when the number of newly built homes on the Multiple Listing Service dropped to 4,049 in October from 5,571 a year ago.

The total number of homes listed for sale on the MLS system in Metro Vancouver was 8,034 compared to 12,416 in October last year.

The MLS Home Price Index composite benchmark price for all homes in Metro Vancouver was $ 1,199,400, up 14.7 percent from October last year.

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