The number of homes sold in Metro Vancouver continued to drop last month, but the benchmark price remained stable, according to new numbers from the Real Estate Board of Greater Vancouver. In total, 2,253 homes were sold in September, a decrease of 9.5 per cent compared to August 2016, and a drop of 32.6 per cent compared to September 2015. He notes the slowdown in sales was most significant for detached homes, but benchmark prices remain flat for all types of homes. Also in September, sales of apartment properties decreased 20.3 per cent compared to September 2015. In July, sales were down 18 per cent compared to the same month in 2015.

Source: CBC News October 04, 2016 13:42 UTC