Property News · February 3, 2017

January home sales 10 per cent below Vancouver’s 10-year average


By Emma Crawford Hampel
Months after new government measures such as the 15 per cent foreign-buyer tax and federal mortgage rules put in place to cool the housing market in Vancouver, home sales across the region continue to drop.
A total of 1,523 homes were sold in Metro Vancouver in January, according to Real Estate Board of Greater Vancouver statistics released February 2, which is down almost 40 per cent compared with the 2,519 units sold in January 2016.
It was also more than 10 per cent…

Source : South China Morning Post
Read more…January home sales 10 per cent below Vancouver’s 10-year average

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