19-08-2016 14:34 via feedproxy.google.com

Vancouver's crazy housing market is melting down

Vancouver's frothy housing market appears to be melting down. 
Home sales in August are down sharply compared to a year ago, reports Jill Slattery at Global News.
Slattery cites data from MLS listings, which show that sales in West Vancouver fell 94% year-on-year from August 1 to 14. Three homes were sold in the area, versus 52 in the same period last year.
Meanwhile, the latest numbers from the Canadian Real Estate Association (CREA) show that national home sales fell for a third stra
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