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Metro Vancouver condo prices fall 11% from peak

Metro Vancouver condo prices have dropped by 11% from the March 2018 peak, and some recently completed condos are selling up to 30% below assessment. The Open House House Price Index for condos – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – has fallen 9% year-over-year as of today. Vancouver Looking […]

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Featured

Metro Vancouver condo prices fall 9% from peak

Metro Vancouver condo prices have dropped by 9% from the March 2018 peak, and the “spring bump” promised by the industry is nowhere to be seen. The Open House House Price Index for condos – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – has fallen 6% year-over-year as of May 31, […]

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