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Price increases in Vancouver’s existing homes market show no signs of letting up, as the market actually got even hotter in April.

The Real Estate Board of Greater Vancouver said its Multiple Listing Service Home Price Index composite benchmark price for all residential properties in the metro area was up 25.3 in April from a year ago, reaching $844,800. Just 30 days ago, the year over year gain in the metro region was 23.2 per cent.

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“Home buyer competition remains intense across the region,” Dan Morrison, president of the board, said in a release.

The average detached home in the metro region sold for $1,817,027, while the average attached home reached $771,321. Apartment prices averaged $528,685 last month.

April sales were up from a year ago but fell from March. There were 4,781 sales in April, a 14.4 per cent jump from a year but a 7.6 decline from March when 5,173 homes sold. Even at the reduced level, April sales were 41.7 per cent above the 10-year sales average for the month.