Vancouver home sales are crashing

Home sales in Vancouver crashed 39.5% year-over-year in January as only 1,523 homes changed hands, according to the latest data released by the Real Estate Board of Greater Vancouver. The reading marked an 11.1% drop from December.
“From a real estate perspective, it’s a lukewarm start to the year compared to 2016,” Dan Morrison, Real Estate Board of Greater Vancouver (REBGV) president said in the report. “While we saw near record-breaking sales at this time last yea