The Real Estate Board of Greater Vancouver says the supply of homes across Metro Vancouver continued to increase in September, while buyer demand remained below typical levels for this time of year.
MORE GLOBAL NEWS COVERAGE:
-
![]()
Most Metro Vancouver residents, including some homeowners, are hoping for a crash in real estate prices -
![]()
Ask an Expert – Real Estate -
![]()
B.C. gov’t announce actions to close gaps in real estate market leading to money laundering -
![]()
New real estate regulations better protect buyers and sellers -
![]()
New real estate rules begin in B.C.
The number of homes sold fell 17 per cent from August and was down 43.5 per cent from the same month a year ago.
The email you need for the day's
top news stories from Canada and around the world.
The composite benchmark price of a home was just over $1 million, a three per cent decrease over the past three months but up 2.2 per cent from September of 2017.
“Fewer home sales are allowing listings to accumulate and prices to ease across the Metro Vancouver housing market,” the board’s president-elect, Ashley Smith, said.
More on Money
- Delivery issue: Why Canada Post ‘must change’ to avoid collapse
- A spoonful of olive oil a day could reduce risk of death from dementia: study
- Shopify stock sinks as it warns of slower growth amid tepid consumer spending
- Trans Mountain pipeline expansion will boost Canadian oil prices ‘for years’: MEG Energy
Comments