LATEST HOUSING MARKET UPDATE
August 4, 2018
Home buyer demand stays below historical averages in August
The Metro Vancouver housing market continues to experience reduced demand across all housing types.
“Home buyers have been less active in recent months and we’re beginning to see prices edge down for all housing types as a result,” Phil Moore, REBGV president said. “Buyers today have more listings to choose from and face less competition than we’ve seen in our market in recent years.”
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