Chinese New Year Sales of Vancouver Real Estate Down 78%
Vancouver real estate saw less than a quarter of the typical buying during the usually busy Chinese New Year period.
A venue, property, listing, or development.
Vancouver real estate saw less than a quarter of the typical buying during the usually busy Chinese New Year period.
Vancouver real estate can’t catch a break. Detached homes saw sales cut in half last month, and prices declined for the sixth month in a row.
Census 2016 shows Metro Vancouver had a massive number of under utilized homes, so we thought we’d visualize it…for science.
January 2017 was a terrible month for Vancouver real estate. Sales are declining, inventory is building, and prices are dropping.
Foreign transactions of luxury real estate in Vancouver are on the decline. Both the number of transaction and median price are dropping.
Those Chinese buyers that sent Vancouver real estate soaring are having a little trouble getting money out of China these days.
The bad news keeps piling up for Vancouver real estate, as the city saw condos decline on almost every measure in December 2016.
Vancouver real estate got some more bad news from the REBGV. December stats show single-family homes dropped in prices, sales, and listings.
Vancouver real estate prices received another downtick, and sales fell below the 10-year average according to the latest report from REBGV.
In another only in Vancouver real estate story, 43 homeowners in the same neighborhood are looking for a developer to purchase their homes.