Greater Vancouver home sales down nearly 5% in March as prices rise: board

VANCOUVER — Greater Vancouver's real estate board says the number of homes that changed hands in March fell from the previous year, as total sales were nearly one-third lower than the 10-year average.

That came as the total number of Metro Vancouver homes listed for sale rose 22.5 per cent year-over-year to 10,552, which is 6.3 per cent above the 10-year seasonal average. Andrew Lis, the board's director of economics and data analytics, says the market isn’t as hot as it was last spring, especially for buyers, as "the overall market balance continues inching deeper into sellers’ market territory."Shares of Cal-Maine Foods move higher on Wednesday as the company posted fiscal third-quarter earnings results, revealing quarterly revenue of over $703 million and reported earnings per share of $3.00 — both figures beating Wall Street expectations.

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