VANCOUVER – The Real Estate Board of Greater Vancouver says the typical price of a home in Metro Vancouver has surpassed $1 million.
The board says the composite benchmark price for all residential properties in the area is currently $1,019,400, up 8.7 per cent from July 2016.
The benchmark price for detached properties in the area is about $1.612 million, for attached properties $763,700 and for apartments $616,600.
While home prices jumped, there were more listings and fewer sales in Metro Vancouver last month.
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