Author: James Alexander Michie
The real estate of Vancouver seems not the best investment and is that the real estate market in Vancouver is in a very bad patch which not long ago would have been hard to believe but it is a bad time for it.
The real estate board of the region gave a report on Wednesday regarding sales in the same region and they have had a significant fall of 36.6% during the month of August, which is a big difference if we make a comparison with sales a year ago, the figures given have made it clear that Vancouver real estate is definitely not at its best.
Meanwhile the president of the Board of Real Estate of Greater, Vancouver, expressed through a statement "Today's buyers have more listings to choose from and face less competition than we have seen in our market in recent years" besides said "With fewer active buyers in the market, the reference prices in the three housing categories have declined for two consecutive months throughout the region."
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