Most Lower Mainland home prices down in June from 2012

Greater Vancouver real estate sales 22 per cent below the 10-year average

Lower Mainland home prices have slipped in most categories over the past year and residential home sales remain well below long-term averages.

The Real Estate Board of Greater Vancouver, which excludes North Delta, Surrey and White Rock, said sales of homes in June were 22 per cent below the 10-year average for that month.

It said the benchmark price of $919,900 for detached houses was down 4.3 per cent in June from a year earlier. Apartment prices were down 1.9 per cent to $369,100 and attached homes were down 2.4 per cent to $457,000.

The benchmark price for detached houses in the Fraser Valley was up 0.2 per cent to $552,200 from June of 2012. The Fraser Valley Real Estate Board said townhouse benchmark prices fell 2.1 per cent to $298,700 and apartments were down 0.8 per cent to $202,500.

Just Posted

District of Kent yet to set date for cannabis consultation

Open house, questionnaires coming before council makes decision on marijuana sales

Fraser River First Nations say they aren’t getting their share of sockeye

Shortage is a result of decisions made by DFO, not a shortage of sockeye, complaint says

More funding for Harrison tourism projects on the horizon

Village could see increased funding by 2020

Chilliwack celebrates Oktoberfest with Jens Lindemann and the Bergmann Duo

Jens Lindemann is one of Canada’s top trumpet soloists

Most cows saved during massive fire on Agassiz farm thanks to fast work of farmers, neighbours

Agassiz Fire Department responded to late night call Wednesday

VIDEO: More cameras, police coming after Marissa Shen killed in Burnaby park

B.C. privacy watchdog worries that the cameras are a ‘slow creep’ to a surveillance state

Arborist killed by fallen tree at Maple Ridge Golf Course

Was working near the 9th tee box of the golf course.

Rattie scores 3 as Oilers blank Canucks 6-0

Vancouver slips to 1-5 in exhibition play

Veterans Affairs ordered to take second look before supporting vets’ relatives

Liberal government ordered officials to adopt a more critical eye

Dead B.C. motorcyclist was member of group that raced down mountain road

Some group members record their rides on Strathcona Parkway and post times to page

Indigenous athletes in spotlight at BC Sports Hall of Fame

New gallery to feature Carey Price, Kaila Mussel and Richard Peter

B.C. couple who went missing on flight from Edmonton named by family

Family released a statement Wednesday saying they’re still intent on finding the two-seater plane

Abbotsford raccoon dies from injuries suffered in a trap

Wildlife protection group offering $1,000 reward for information about incident

VIDEO: A close look at what you were breathing during the B.C. wildfire season

Electron microscope images show soot and tar particles generated by worst B.C. fire season

Most Read