05-07-2017 22:12 via vancouversun.com

Vancouver condo market heats up while detached home sales cool: board

Vancouver’s housing sales have divided into two separate markets with condominium’s being snatched up while detached homes remain on the market longer.
Figures released Wednesday by the Real Estate Board of Greater Vancouver showed an 11.5 per cent drop in the market last month compared with the over-heated market in June last year.
However, the board says last month’s sales were still 14.5 per cent above the 10-year sales average for the month of June.
The ratio of sales to li
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