Vancouver home sales slid 5% in July, compared to year ago

Calgary home sales fell 10% year-over-year, with 2,380 properties sold in July. The benchmark price for all home types was $606,700, nearly 8% higher than last year. The Calgary Real Estate Board noted that while there is a struggle with lower-priced home supply, increased options in new and resale markets are stabilizing price growth. In Greater Vancouver, home sales dropped 5% from last year, totaling 2,333, despite a 20% increase in new listings. The composite benchmark price in the region was about $1.2 million, reflecting ongoing buyer hesitance.