Happy Monday Morning! More housing data trickling out of Canada’s two largest major metros. Greater Vancouver home sales fell 46% year-over-year. It was one of the slowest Septembers on record, other than 2008, 2012, and 2018. Prices are still moving lower, albeit mostly in suburban markets which saw excessive price gains during the pandemic.
Due to the epidemic, the economic situation of all walks of life is not very good, resulting in the economic fluctuations of buyers in a wide range, and the seller's market fluctuations. And because of the economic recession caused a large accumulation of housing cannot flow, thus affecting the real estate market economy.
Due to the epidemic, the economic situation of all walks of life is not very good, resulting in the economic fluctuations of buyers in a wide range, and the seller's market fluctuations. And because of the economic recession caused a large accumulation of housing cannot flow, thus affecting the real estate market economy.