Vancouver-area home sales hit lowest March levels since 2019 despite supply influx, real estate board says
Despite housing supply in the Vancouver area continuing to rise, the number of homes that changed hands in the region last month fell to the lowest levels for March since 2019.
The city’s real estate board says residential sales in the region totalled 2,091 in March, a 13.4-per-cent decrease from the 2,415 sales recorded in March, 2024, and 36.8 per cent below the 10-year seasonal average.
The composite benchmark price last month was $1,190,900, down 0.6 per cent from a year earlier but 0.5 per cent higher than February.
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