The Vancouver housing market is still posting lots of sales.
In June, there were 4,400 transactions, according to the Real Estate Board of Greater Vancouver. That was a slight increase over the same month of 2015 and 28.1 percent above the 10-year average for June.
But overall, sales were down 7.7 percent from May when 4,769 homes changed hands. And it's actually the third straight month with lower sales volumes in the REBGV. (It doesn't include North Delta, Surrey, White Rock, and Langley, which are part of the Fraser Valley Real Estate Board).
Listings were up 1.2 percent in June 2016 compared to a year ago.
“Since March, we’ve seen more homes listed for sale in our market than in any other four-month period this decade,” REBGV president Dan Morrison said in a news release.
The benchmark price for homes is still in the stratosphere: $917,800. That's 32.1 percent higher than June 2015.