Real estate sales on Vancouver Island in June bounced back from the lower levels of 2008, though prices remain below those achieved a year ago, the Vancouver Island Real Estate Board reported Thursday.

Island communities outside of Victoria saw sales of 523 detached homes recorded through the Multiple Listing Service in June, a 20-per-cent increase from the same month a year ago.

Average prices have risen from lows in recent months, but remain below the peaks seen in 2008.

The board saw an average price of $329,412 for a detached home in June, 10 per cent less than the $366,607 of June 2008.

Read the full article by Derrick Penner “Vancouver Island real-estate sales bounce back” in the Vancouver Sun (July 3, 2009)

Developments featured in this article

More Like This

Facebook Chatter