Vancouver home sales up 16.4 per cent in May

June 20, 2009 by admin  
Filed under Positive Real Estate

Home sales in Metro Vancouver jumped 16.4 per cent in May from a year earlier, according to figures compiled by the Canadian Real Estate Association.

That comes at a time when new listings in the region dropped by 35 per cent from a year ago, suggesting inventories are on the way down to pre-recession levels.

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