A real estate sign is pictured in Vancouver, B.C., Tuesday, June 12, 2018. THE CANADIAN PRESS Jonathan Hayward

CREA reports June home sales down 10.7% from year ago, but up from May

The Canadian Real Estate Association says home sales in June were down 10.7 per cent compared with a year ago.

The Canadian Real Estate Association says the number of homes sold in June was down 10.7 per cent from a year ago.

The result was a five-year low for the month of June.

However, sales volume was up 4.1 per cent when compared with May.

The association says it was the first substantive month-over-month increase this year.

The national average price for a home sold in June was just under $496,000, down 1.3 per cent from a year ago.

Excluding the Greater Vancouver and Greater Toronto markets, the average price was just over $389,000.

Related: Flipping through the real-estate market

Related: Okanagan real estate sales slump continues

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

B.C. declares state of emergency as more than 560 wildfires rage

This is only the fourth state of emergency ever issued during a fire season

UPDATE: 5 injured in plane crash following Abbotsford International Airshow

One in critical condition in incident involving vintage plane

Shag Creek area under evacuation order, area expanded

93 properties are being told to evacuate immediately

B.C. Wildfires 2018: Thousands prepare to leave their homes at a moment’s notice

Northwest B.C. and Cariboo seeing most fire activity in province as crews battle 490 fires

‘Queen of Soul’ Aretha Franklin has died

Publicist Gwendolyn Quinn reports Franklin passed Thursday at 9:50 a.m. at her home in Detroit

‘Hot and dirty work:’ Commander describes fighting massive Ontario wildfire

Ontario has seen more than 1,000 forest fires so far this year, compared to 561 in all of 2017.

‘Billion-piece jigsaw puzzle:’ Canadians key to 1st complete map of wheat genome

The paper has 202 authors from 73 research agencies in 20 countries.

70 years after Babe Ruth’s death, fans still flock to grave

After Ruth died of throat cancer at age 53, tens of thousands of fans came to pay respects

Airbnb’s federal budget proposal tells Liberals, ‘we want to be regulated’

Submission says ‘we want to be regulated’ and asks the government to avoid forcing existing rules

Greens won’t run candidate in Burnaby South as ‘leader’s courtesy’ to Singh: May

Green Leader Elizabeth May says the decision is an extension of a ‘leader’s courtesy’

Missing B.C. hiker, dog found safe after 3-day search

Cranbrook hiker had been missing since Sunday, August 12, near Jumbo Pass.

UPDATED: B.C. RCMP dismantle Kinder Morgan protest camp

RCMP say they will enforce a court injunction today and remove Trans Mountain pipeline protesters who have been camped outside a Kinder Morgan terminal in Burnaby.

Italy says death toll will mount in Genoa bridge collapse

Authorities worried about the stability of remaining large sections of a partially collapsed bridge evacuated about 630 people from nearby apartments.

Most Read