Vancouver home sales reach 17-year low for April last month: REBGV

VANCOUVER — The Real Estate Board of Greater Vancouver says market conditions in the city are changing as sales in April fell to a 17-year low for the month.

The board says 2,579 detached properties, townhouses and condominiums sold last month in Metro Vancouver, down 27.4 per cent from April 2017 and 22.5 per cent below the 10-year average for the month.

About 18.6 per cent more properties were newly listed last month than in April last year, giving buyers more selection.

Still, prices moved up with the composite benchmark price for all properties at $1,092,000 — up 14.3 per cent from the same month last year and 0.7 per cent from March 2018.

Detached houses saw the smallest price gains, with the benchmark price at $1,605,800 — up 5.1 per cent from April 2017 and down 0.2 per cent from March 2018.

The benchmark price for an apartment rose 23.7 per cent from the same time last year to $701,000, while the townhouse benchmark rose 17.7 per cent to $854,200.

Just Posted

CP Rail talks set to resume in Calgary after unions reject railway offer

Canadian Pacific Railway Ltd. is resuming contract talks with its train operators… Continue reading

No indication Mississauga restaurant blast was terrorism, hate crime: police

MISSISSAUGA, Ont. — Police say there is no indication an explosion that… Continue reading

For CEOs, $11.7 million a year is just middle of the pack

NEW YORK — Chief executives at the biggest public companies got an… Continue reading

WATCH: Red Deer walks to reduce stigma associated with schizophrenia

First annual Strides for Hope walk takes place across Alberta

Waterline work closes 48th Avenue in Red Deer this weekend

Drivers can expect a major closure in downtown Red Deer this weekend.… Continue reading

Stettler police looking for alleged shoplifter who stole shoes

Stettler Mounties are looking for a woman they say stole a pair… Continue reading

Teamsters union members vote 98.1 per cent to reject CP Rail final offer

The Teamsters Canada Rail Conference says its members at Canadian Pacific Railway… Continue reading

Wildfire northwest of Kamloops jumps to 1,600 hectares overnight

Ground crews and aircraft are responding to an estimated 1,600 hectare wildfire approximately 55 kilometers northwest of Kamloops, near the Deadman Vidette Road.

Referendum in Ireland would repeal strict ban on abortion

DUBLIN — Ireland’s referendum Friday represented more than a vote on whether… Continue reading

Tesla in Autopilot mode sped up before crashing

SALT LAKE CITY — A Tesla that crashed while in Autopilot mode… Continue reading

Harvey Weinstein turns himself in to face sex crime charges

NEW YORK — Harvey Weinstein turned himself in to police Friday morning… Continue reading

NFL players, coaches grapple with new anthem policy

RENTON, Wash. — Seahawks coach Pete Carroll wanted to be talking about… Continue reading

Most Read


Five-day delivery plus unlimited digital access for $185 for 260 issues (must live in delivery area to qualify) Unlimited Digital Access 99 cents for the first four weeks and then only $15 per month Five-day delivery plus unlimited digital access for $15 a month