VANCOUVER, BC – July 3, 2020 – Home buyers and sellers have gradually become more active in each month of the COVID-19pandemic. In June, home sale and listing activity in Metro Vancouver* returned to more historically typical levels.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,443 in June2020, a 17.6 per cent increase from the 2,077 sales recorded in June 2019, and a 64.5 per cent increase from the 1,485 homessold in May 2020.

Metro Vancouver* home prices have remained steadysince provincial health officials implemented physical distancing requirements in March.

The Real Estate Board of Greater Vancouver (REBGV) reports that the MLS® Home PriceIndex1 composite benchmark price for all residential properties in Metro Vancouver today is$1,028,400. This is virtually unchanged from April 2020, a 1.4 per cent increase over the lastthree months, and a 2.9 per cent increase compared to May 2019.

Metro Vancouver’s* housing market saw steady homebuyer demand to begin March and a levelling off of activity as the month went on and concernsabout the COVID-19 outbreak intensified.

The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in theregion totalled 2,524 in March 2020, a 46.1 per cent increase from the 1,727 sales recorded inMarch 2019, and a 17.4 per cent increase from the 2,150 homes sold in February 2020.