Dec
04

Vancouver Home Sales Decline for 5th Straight Month in November

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Downtown Vancouver is pictured through a crane’s wires at the Port of Vancouver terminal in Vancouver.

Photographer: Ben Nelms/Bloomberg

  • November residential transactions plunge 37%, realtors say
  • Sales were 7.6 percent below 10-year average for month

Vancouver home sales plunged 37 percent in November from a year earlier, extending the slowdown in Canada’s most expensive property market for the fifth straight month.

Transactions in the Pacific coast city fell to 2,214 in the month, from 3,524 a year earlier, the Real Estate Board of Greater Vancouver said Friday. That was 7.6 percent below the 10-year average for November…

Vancouver Home Sales Decline for 5th Straight Month in November

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