The Real Estate Board of Greater Vancouver says April home sales slid 16.5 per cent compared to the same month a year ago as new listings remained below historical norms.
The board says sales for the month totalled 2,741, almost 16 per cent below the 10-year seasonal average.
The composite benchmark price for all residential properties in Metro Vancouver hit $1,170,700 last month, down 7.4 per cent from a year ago but up 2.4 per cent from March.
There were 4,307 new listings last month, a 29.7 per cent decrease when compared with the prior April and a 22 per cent drop from the 10-year seasonal average of 5,525.
But the board sees the
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