Lower Mainland home prices edge up in November from year ago

Real estate boards release price statistics for Metro Vancouver, Fraser Valley

Lower Mainland house prices were up slightly in November compared to a year earlier.

The Real Estate Board of Greater Vancouver reported its benchmark price for detached houses was $924,800, up 1.1 per cent from November of 2012.

Apartments were up 0.8 per cent to $367,800 while attached units were up 0.8 per cent to $458,000.

The Fraser Valley Real Estate Board, which covers the Fraser Valley plus White Rock, Surrey and North Delta, reported its benchmark detached house price climbed one per cent from a year ago to $550,300.

Apartments dropped 3.3 per cent to $196,200, while townhouses dropped 2.2 per cent to $298,900.