Condo Sale Prices Defy Summer Market Slowdown

While residential real estate transactions continue to drop on a weekly basis as summer deepens, condo sale prices remain robust, increasing again during the week of July 24-30.

There were 323 home sales registered as sold last week, as of August 3, in the area covered by the Real Estate Board of Greater Vancouver. Of those, 197 units were condos, 58 were townhomes, row houses or duplexes, and the remaining 68 were detached houses (including float homes and manufactured homes).

http://www.rew.ca/news/condo-sale-prices-defy-summer-market-slowdown-1.21590780