January 2019

December Sales in Vancouver Lowest Since January 2009

Posted on Jan 14, 2019

December sales were slow, ending the slowest year since 2000.

However, after 5 interest rate hikes in 18 months, the Bank of Canada has signaled this trend will slow for now. This should help bring eventual balance to the market.  
Detached homes currently sit at a 7% sales to active ratio across the region. This places the detached market in firm b...

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