Vancouver’s June home sales down 35% from last year, 16% from May: board

VANCOUVER — The Real Estate Board of Greater Vancouver says last month’s home sales dropped by about 35 per cent since last June and 16 per cent from May 2022 as houses remained on the market longer and interest rates rose.
The B.C. board says sales in the region totalled 2,444 last month, down from 3,762 in June 2021, and 2,918 homes in May 2022.
Last month’s sales were 23.3 per cent below the 10-year June sales average.
The board’s chair Daniel John says the drop in sal