Posted on Jun 27, 2011
VANCOUVER - Home sales in B.C. edged down one per cent to 7,857 units in May compared to the same month last year, according to a B.C. Real Estate Association survey released Wednesday.
However, the report also said that the average price of a home climbed 20 per cent to $596,872 last month compared to May 2010.
"Tighter mortgage rules, tepid employm...