Business

Lower Mainland home prices edge up in November from year ago

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.

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