BUSINESS
03/02/2018 16:41 EST | Updated 03/13/2018 15:20 EDT
Vancouver Detached Home Sales Plunge Nearly 40% From A Year Ago
Believe it or not, it's a buyer's market out there.
VKYRYL VIA GETTY IMAGES
A row of houses in the Vancouver suburb of Richmond, B.C. The market for detached homes in Vancouver has softened so much that it is "beginning to enter buyers' market territory," says the president of the region's real estate board.
The market for detached homes in Vancouver has softened so much that it is "beginning to enter buyers' market territory," says the president of the region's real estate board.
Sales of detached homes were down 39.4 per cent in February, compared to the same month a year earlier, according to data from the Real Estate Board of Greater Vancouver (REBGV).
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