May year-to-date Greater Vancouver home sales were up 29.2% compared to one year ago. Listings during the month of May were up 47%.
Detached home sales May year-to-date were up 29.4% from last year. Listings this month increased 53% from one year ago. May benchmark prices reached $810,174, up 19.1% from one year ago and down just slightly from the high of $818,403 reached last month.
Greater Vancouver year-to-date townhome sales were up 22.6% while listings for the month of May increased by 32.5%. The benchmark price of $500,339 is up 14.8% from one year ago and down just slightly from the high reached in April.
The Greater Vancouver condominium benchmark price rose 13.9% from last May to an all time high of $398,783. May year-to-date condo sales rose 31.9% from this time last year. May listings were up 50.5% from May 2009.
Statistical source: Real Estate Board of Greater Vancouver