Property News · October 5, 2016

Vancouver home sales tumble the most in six years, plunging 33 pc in month of September


Vancouver home sales fell 33 per cent in September, the most since 2010, adding to evidence measures taken by the provincial government to curb price gains are working.
Sales in the Pacific coast city dropped to 2,253 in the month, from 3,345 a year earlier, the Real Estate Board of Greater Vancouver said Tuesday. It was the largest decrease since 2010, and comes after British Columbia imposed a 15 per cent tax, which took effect in August, on purchases by foreigners.
With Vancouver among…

Source : South China Morning Post
Read more…Vancouver home sales tumble the most in six years, plunging 33 pc in month of September

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