With home buyer demand below long-term historical averages in June, the supply of homes for sale continued to grow in Metro Vancouver.
The Real Estate Board of Greater Vancouver (REBGV) reports that residential home sales in the region totalled 2,077 in June 2019, a 14.4% decrease from the 2,425 sales recorded in June 2018. Last month's sales were 34.7% below the 10-year June sales average, the lowest total for the month since 2000.
"We're continuing to see an expectation gap between home buyers and...
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