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

County council tweaks meeting times for 2019

Council, Planning and Public Works meetings defined Nov. 6

Red Deer Cookies a big hit for Christmas

If you want a change, try chicken lasagna

Mandatory curtailment is a tough call…but what else can Alberta do?

Environmentalists, various levels of government and courts devestate energy industry

County of Wetaskiwin council balks at $5,000 aboriginal course

Councilors concerned about $800 per person charge for certain courses

Questions about Chinese company’s spying ability are familiar

PROMIS software in 80’s let Americans spy on allies

Cannabis gift ideas for this holiday season

Put the green in happy holidays, now that cannabis is legal in Canada

Omar Khadr ‘a model of compliance,’ wants changes to bail conditions: lawyer

Former Guantanamo Bay detainee Omar Khadr is back in court today to seek changes to bail conditions.

Supreme Court upholds Canada’s right to reargue facts in assisted-dying case

Julia Lamb and the B.C. Civil Liberties Association are spearheading a challenge of the law

Guards injured, money stolen during overnight blast at Edmonton bank

Alberta Health Services said the injuries to the male guard were serious

‘I thought I was dead as soon as I saw the gun’

Keremeos gas station attendant tells story about man with gun coming to store

‘People talk about deep sadness:’ Scientists study climate change grief

Some call it environmental grief, some call it solastalgia — a word coined for a feeling of homesickness when home changes around you.

As protectors abandon Trump, investigation draws closer

Cohen was sentenced Wednesday to three years in prison for an array of crimes.

Senate delays start of sittings in new home, delaying start of broadcasts

The Senate and House of Commons are moving into temporary homes for the next decade as a result of long-planned and badly needed renovations to the Centre Block.

UK leader seeks EU lifeline after surviving confidence vote

EU leaders gather for a two-day summit, beginning Thursday, which will center on the Brexit negotiations.

Most Read