Less sales, more listings
House Price Index (or benchmark) down July to August by under 1% -$4,500
HPI Detached down over 1% -$10,600
This would support my spin that the small blip up in average was from expensive homes being sold.
Not much else we can say for now. At least we are moving in the right direction.
News release here. The title is : Greater Vancouver home sales trend toward buyers’ market over summer.
I will post again if anything hits me from the stats package.
The struggling Canadian canary - Back in March, I wrote about the new Fragile Five, which were five highly leveraged developed market economies that were undergoing property booms. The fiv...
1 day ago