Greater Vancouver real estate sales return to ‘more typical levels’ in August: REBGV - Global News

Metro Vancouver’s summer real estate bump continued in August, with sales returning to “more typical levels” according to the Real Estate Board of Greater Vancouver (REBGV).The board’s latest report says the region saw 2,231 sales last month, up 15.7 per cent from August 2018, though down 12.7 per cent from July 2019.READ MORE: Greater Vancouver home sales jump in July, but prices continue steady slideIt’s the second month in a row with year-over-year sales growth, after more than a year of slumping sales in what many analysts have called a correction to the region’s previously white-hot market.WATCH: Mortgage stress test contributes to a decline in BC home sales


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September 04, 2019 at 10:23PM