Home sales up in April

Vancouver, BC, Canada / (CKNW AM) AM980

The BC Real Estate Association is reporting higher home sales in April.

Residential sales were up 12% from a year ago, total sales dollar volume was up 19%, and the average price of $561-thousand was 6.3% higher than the same month last year.

Association Chief Economist Cameron Muir says the April trend is the typical robust spring market unfolding, and most markets in the province have balanced conditions where neither buyers nor sellers have any particular advantage.

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