Most Lower Mainland home prices down in June from 2012

Greater Vancouver real estate sales 22 per cent below the 10-year average

Lower Mainland home prices have slipped in most categories over the past year and residential home sales remain well below long-term averages.

The Real Estate Board of Greater Vancouver, which excludes North Delta, Surrey and White Rock, said sales of homes in June were 22 per cent below the 10-year average for that month.

It said the benchmark price of $919,900 for detached houses was down 4.3 per cent in June from a year earlier. Apartment prices were down 1.9 per cent to $369,100 and attached homes were down 2.4 per cent to $457,000.

The benchmark price for detached houses in the Fraser Valley was up 0.2 per cent to $552,200 from June of 2012. The Fraser Valley Real Estate Board said townhouse benchmark prices fell 2.1 per cent to $298,700 and apartments were down 0.8 per cent to $202,500.

Surrey North Delta Leader

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Love flourishes at Peace Arch Park, but COVID-19 concerns loom

South Surrey park becomes only place for international couples to meet

Human Rights Tribunal denies church’s request to toss out White Rock Pride Society’s complaint

Star of the Sea and White Rock Pride Society to go to Human Rights Tribunal hearing

Surrey RCMP searching for missing 12-year-old boy

Landon Vangeel-Morgan was last seen 9:14 p.m., May 30 near 96 Avenue and 150 Street

COVID-19: Daily update on pandemic in Surrey, White Rock and beyond

Provincial Health Officer officially bans overnight kids’ camps this summer

Surrey RCMP look for missing man

Tyler Ridout, 36, last seen near Balsam Crescent and 136th Street

VIDEO: Injured bald eagle rescued in B.C. First Nations community

Bird suspected injured in fight, whisked off to Coquitlam rehab

Facing changes together: Your community, your journalists

We’re asking you to lock arms with us, as we look to better days ahead

Toronto Raptors’ Ujiri says conversations about racism can no longer be avoided

Thousands have protested Floyd’s death and repeated police killings of black men across the United States

B.C.’s Central Kootenay region declares state of emergency, issues evacuation orders

The evacuation alert covers all areas except the Cities of Castelgar and Nelson

‘I’m afraid’: Witnesses of wolf attack on senior near Prince Rupert worried about safety

Frank Russ shows where the unprovoked wolf attacked his father

Protesters prepare to rally against racism in front of Vancouver Art Gallery

Rally is in response to the deaths of black Americans and a Toronto woman

Protesters rally against anti-black, Indigenous racism in Toronto

Police estimated the crowd to be between 3,500 and 4,000 and said there was no violence

Feds earmark $1.5M to support recovery of B.C., Indigenous tourism

B.C. money will be split between Vancouver Island and Indigenous tourism

‘We’re sick of it’: Anger over police killings shatters U.S.

Tens of thousands marched to protest the death of George Floyd

Most Read