VANCOUVER - The Real Estate Board of Greater Vancouver says home sales in Metro Vancouver in September plunged by 32.6 per cent compared to the same month last year.
The board says there were 2,253 homes sold last month, a steep drop from the 3,345 home sales recorded in September 2015.
Last month was the second month that a 15 per cent tax applied to foreign buyers of property in the city.
The composite benchmark price for all residential properties was $931,000, a 28.9 per cent increase compared to the same month last year but a 0.1 per cent decline compared to August 2016.
How to Okanagan Investment Revenue Commercial Real Estate Kelowna Penticton Update Raymond MAASKE 250.878.2218 Investment Real Estate Expert
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