'Home Sales Volume Down 1.3% In July'

The Canadian Press, 15 Aug, 2016 11:11 AM

OTTAWA — The Canadian Real Estate Association says July marked the third consecutive month of fewer housing sales.

The association says the number of transactions fell 1.3 per cent nationally between June and July.

More than half of all markets tracked by CREA showed declines in July, including Greater Vancouver and the Fraser Valley.

The number of sales in July was also down 2.9 per cent compared with the same month a year ago.

The national average price for a home sold in July was $480,743, up 9.9 per cent compared with a year ago.

If Vancouver and Toronto are excluded from calculations, the average price was $365,033, up seven per cent compared with the same month last year.

Prev Next

MORE National ARTICLES

Relief As Lightning Storm Fails To Spawn Major Wildfires Across B.C.

BC Wildfire Service information officer Ryan Turcot says a storm Thursday generated about 1,500 lightning strikes but he notes people are still the cause of most of B.C.'s fires.

Relief As Lightning Storm Fails To Spawn Major Wildfires Across B.C.

‘Completely False And Unjustified’ Facebook Posts Cost Abbotsford Woman $65000

Abbotsford woman has been ordered to pay more than $65,000 after making unfounded accusations over Facebook suggesting her neighbour was a pedophile who set up mirrors and cameras in his backyard to spy on her children

‘Completely False And Unjustified’ Facebook Posts Cost Abbotsford Woman $65000

Police Shooting Kills Mother And Son Dead In Granisle, B.C., Sparks Independent Investigation

Eight members of British Columbia's Independent Investigations Office were expected to arrive in a northern village today to investigate a shooting involving police that left two people dead.

Police Shooting Kills Mother And Son Dead In Granisle, B.C., Sparks Independent Investigation

3 Arrested After Suspected Explosive Device Found In Vehicle At Sumas Border Crossing In Abbotsford

During a routine secondary examination at a crossing in Abbotsford, B.C., officials found what appeared to be a suspected explosive device and immediately called police.

3 Arrested After Suspected Explosive Device Found In Vehicle At Sumas Border Crossing In Abbotsford

Amarinder Singh Forced To Cancel Political Rallies In Vancouver And Toronto

Sikhs for Justice, a human rights advocacy group, had lodged a complaint with the Canadian government against the election activities planned by Amarinder Singh.

Amarinder Singh Forced To Cancel Political Rallies In Vancouver And Toronto

Drug-Impaired Driving Concerns Have Police Testing Roadside Devices

Doug Beirness, vice-chairman of the Canadian Society of Forensic Science's Drugs and Driving Committee, says the Mounties and the Ontario government funded the scientists' research.