Latest Housing Market Update
Posted on
December 7, 2018
by
Victor Song
Metro Vancouver homes sales down across all property types
The Real Estate Board of Greater Vancouver reports that residential home sales totalled 1,608 in the region in November 2018, a 42.5 per cent decrease from the 2,795 sales recorded in November 2017, and an 18.2 per cent decrease compared to October 2018 when 1,966 homes sold.
Home buyers have been taking a wait-and-see approach for most of 2018. This has allowed the number of homes available for sale in the region to return to more typical historical levels.
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