Nov
02
Vancouver Home Sales Fall 39% as New Rules Chill Market
By-
October residential transactions plunge most since 2010
-
Sales were 15% below 10-year average for the month: realtors
Vancouver home sales plunged 39 percent in October from a year earlier, the biggest drop since 2010, as new regulations chill Canada’s most expensive property market.
Sales in the Pacific coast city fell to 2,233 in the month, from 3,646 a year earlier, the Real Estate Board of Greater Vancouver said Wednesday. That was 15 percent below the 10-year average for October…