B.C. home sales down in August

For the fourth consecutive month, home sales in Canada rose in August, according to the Vancouver Province. Sales increased 0.9 percent from July, propped up by a strong market in places like Toronto and Montreal. However, the year-over-year rate dropped 3.8 percent, mostly due to a flagging B.C. market. There were 6,743 residential unit sales across the province in August...

For the fourth consecutive month, home sales in Canada rose in August, according to the Vancouver Province. Sales increased 0.9 percent from July, propped up by a strong market in places like Toronto and Montreal.

However, the year-over-year rate dropped 3.8 percent, mostly due to a flagging B.C. market. 

There were 6,743 residential unit sales across the province in August, the story notes, a 26.4-percent dive from the same month last year. The average B.C. home price fell 1.2 per cent, to $699,776.