July hot month in real estate sales

July’s record sunshine didn’t hurt home sales in the Real Estate Board of Greater Vancouver’s region. In fact July was the hottest real estate month of the year so far, the board says.

Sales reached 2,946 in July, the board reports. That’s a 40.4 per cent increase compared to the 2,098 sales recorded in July 2012, and an 11.5 per cent increase compared to the 2,642 sales in June 2013.

Those numbers make July 2013 the highest selling July since 2009, the board says.

The benchmark price for all homes in the board’s region is currently $601,900. That’s down 2.3 per cent from this time last year, but an increase of 2.3 per cent over the last six months.