Push factor: Vancouver home sales fall as taxes on foreign buyers are implemented

The West Coast city’s efforts to stymie demand seem to have worked — at least so far. Houses in Vancouver are selling at a five-year low with total transactions falling nearly 9 percent in March compared with the month before, according to Bloomberg. Prices, however, still inched up by just over 1 percent compared to February and were up a whopping 16 percent higher than the same month last year. “We expect this market to […]

Source: Real Estate

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