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

Voting Day: Here’s what you need to know

Voting stations are open until 8 p.m.

Kids have fun at the Mountain Harvest Festival

The Begbie View Elementary School gym was packed Friday night with Halloween activities

Tommy Chong says cannabis legalization makes him proud to be a Canadian

Legendary marijuana advocate and comedian celebrates cultural milestone at Kelowna event

VIDEO TOUR: Eagle Pass Lodge recognized at Thompson Okanagan Kootenay Commercial Building Awards

Eagle Pass Heli Skiing’s lodge is located south of Revelstoke on Highway 23

Former Vernon man guilty of Japanese exchange student’s murder

Natsumi Kogawa was found at empty heritage mansion shortly after she was reported missing in 2016

Cough cough: Kelowna MLA gets flu shot to prep for the cold season

Steve Thomson got his flu shot from Lakeside Medicine Centre Friday

B.C. tickets win big in Lotto Max draw

Jackpot carried over; B.C. tickets share Max Millions prizes

‘Mom, I’m in trouble:’ Canadian faces 10 years for alleged graffiti

Brittney Schneider, another tourist caught spraying message on walls of Tha Pae Gate in Thailand

Feds consulting on national anti-racism strategy behind closed doors

Heritage Minister Pablo Rodriguez says people still face systemic racism in some communities

Black trucks figure prominently in Shuswap thefts

Chase RCMP investigating stolen vehicles from several communities

Enbridge aims for mid-November to finish B.C. pipeline repair after blast

A natural gas pipeline that ruptured and burned near Prince George caused an explosion and fireball

How to get government cheques if Canada Post staff go on strike

The Canadian Union of Postal Workers said members could go on rotating strikes as early as Monday

Anti-SOGI school trustee files defamation lawsuit against BCTF president

Barry Neufeld says Glen Hansman’s words caused him “indignity,” “personal harassment,” and “anxiety”

Most Read