Overall real estate sales in Metro Vancouver reached 3,518, up 17.4% from one year ago, the highest number of sales since July 2007. Listings fell 36.2% in the past 12 months.
Detached home sales climbed 16.5% from one year ago, and 17.4% from last month. Listings were down 40.1% since May of last year. Prices fell 11.8% from one year ago.
Prices of Metro Vancouver townhomes were up .9% from last month coming in at $435,848. The number of townhomes sold in May 2009 rose 19.9% from one year ago. Listings available for sale were down 30.6% from one year ago.
Metro Vancouver condominium prices rose 2.9% from last month, while sales increased 23.7%. Listings increased 6.8% from last month, but fell 34.4% from one year ago.
Statistical source: Real Estate Board of Greater Vancouver