Aug
15
Vancouver Housing Fever Shows Signs of Easing Even Before Tax
By-
Realtor group cites affodability for drop in Vancouver sales
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Home sales in Vancouver fell a third straight month in July
Canada’s hottest housing market may be cooling.
Home sales in Vancouver fell a third straight month in July, the Canadian Real Estate Association said Monday, with price gains also showing signs of slowing.
The data should be a relief to buyers and policy makers who have been growing increasingly worried about affordability in the city, and suggest Vancouver’s market was slowing even before the provincial government set a foreign buyers’ tax earlier this month. The realtor group cited lack of affordability for falling sales in a market where prices are growing at double-digit rates…
Vancouver Housing Fever Shows Signs of Easing Even Before Tax
