Vancouver home sales plunge in December, down 31.1 per cent from year ago


Vancouver home sales plunge in December, down 31.1 per cent from year ago

The Real Estate Board of Greater Vancouver says home sales fell sharply in December compared with a year ago.

The board sales home sales were down 31.1 per cent in the last month of the year compared with 2011.

Sales in December totalled 1,142 for the month.

The MLS home price index composite benchmark price for residential properties in the region was also lower.

The board said the benchmark stood at $590,800, a 2.3 per cent decline when compared to this time last year.

New listings also fell 15.3 per cent compared with a year ago and were half those seen in November.

If you have any real estate questions or if you are thinking of buying or selling your home, please contact James Louie Chung, Greater Vancouver REALTOR® — Real Estate Agent at [email protected] or call / text ( 6 0 4 ) 7 1 9 — 6 3 2 8 today!

Connect with James on FacebookTwitter and Google +.

Source, Photo: Canadian Press, Design.Shuffle


Related Posts

James Chung

Founder & Editor in Chief of Hello Vancity magazine. Email [email protected]

Leave a Reply

Your email address will not be published. Required fields are marked *