Metro Vancouver real estate markets edged off their peaks in May with lower sales, more listings and prices flattening out after a record setting rebound, according to figures from the Real Estate Board of Greater Vancouver.
The board, on Friday, reported 3,156 sales through the Multiple Listing Service in May, down 10 per cent from May a year ago, but above sales in 2008.
At the same time, the board reported 7,014 new listings added to inventory in May, 48 per cent more than May 2009, but less than the 7,648 put on the market in April…
Posted by: Derrick Penner, Vancouver Sun
Date: June 4, 2010