Homebuyers took advantage of low-interest rates, and as a result, home sales and prices rose in July, says the Real Estate Board of Greater Vancouver. 3,128 homes were purchased in the Vancouver metro area last month, an increase from 2,443 in June and up from the 2,557 sold in July 2019.
The 28% sales increase from June occurred as markets adjusted to virtual sales and safety measures during the shutdown.
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