Both July and August we’ve seen slight decreases in the benchmark price,” Phil Moore, president of the Real Estate Board of Greater Vancouver, said. The board released monthly figures for August on Wednesday. “In the detached market, it’s about three per cent lower than a year ago. In the condo market, it’s still 10 per cent higher but
VANCOUVER – The British Columbia Real Estate Association says tighter mortgage rules and lower demand are bringing the provincial housing market into balance. The association says 7,884 units were sold within the Multiple Listing Service across the province in June, a 32.5 per cent decrease from the same month last year. The average residential price
Montreal was the hot Canadian real estate market for Chinese nationals last year as interest slipped in Toronto and Vancouver following the introduction of foreign buyers taxes, says a report from a website for buyers of overseas properties. Juwai.com said Chinese buyers inquired about US$1.45 billion worth of Canadian properties in 2017. Interest in Montreal
