Vancouver home sales down 40% from last year, nearly 1% since July

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Sales of detached homes experience the most dramatic year\u002Dover\u002Dyear drop at 45 per cent. Read on

The board says sales for the month amounted to 3,152 and came amid a quieter summer season marked by reduced buying and listing activity.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails. Postmedia Network Inc.

The composite benchmark price reached more than $1.1 million, a seven per cent increase over August 2021 and a two per cent drop compared to July 2022.

 

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