Pursuits
Vancouver Housing Fever Shows Signs of Easing Even Before Tax
- Realtor group cites affodability for drop in Vancouver sales
- Home sales in Vancouver fell a third straight month in July
A home for sale listed at C$7.89 million stands in the Point Grey neighborhood of Vancouver, British Columbia, Canada, on Friday, June 17, 2016. Vancouver has long been one of the world's most expensive places to live but price gains have reached a whole new level of intensity this year. Low interest rates, rising immigration, and a surge of foreign money—particularly from China—have all driven the increases.
Photographer: Darryl Dyck/BloombergThis article is for subscribers only.
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.