Greater Victoria real estate sales are up but prices dip

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Most of the provincial increase was driven by the spike in sales in Greater Vancouver and the. Six of the 12 B.C. real estate boards reported a year-over-year rise in average sale prices (Vancouver.

WATCH: Most Metro Vancouver residents, including some homeowners, are hoping for a crash in real estate prices. Greater Vancouver Area saw a 36.7 per cent year-over-year non-seasonally-adjusted.

Report from the Fed reveals that “economic growth” is a highly localized phenomena, masking widespread financial desperation Report from the Fed reveals that "economic growth" is a highly localized phenomena, masking widespread financial desperation. boing. doctorow June 3, 2019, 4:19pm #1..

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the Canadian Real Estate Association said on Wednesday. The industry group said actual sales, which are not seasonally adjusted, fell 1.3 percent, while its Home Price Index was up 2.1 percent from.

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A real estate bubble is generally caused by unjustified speculation in the housing market that leads to a rapid and unsustainable increase in prices. There was a 40 percent dip in the number of.

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With 848 properties sold in May, year-over-year sales jumped by 12.3 per cent and month-over-month sales spiked by 21.8 per cent, according to the Victoria Real Estate Board. Condo sales edged up.

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A total of 661 properties sold in the Victoria Real Estate Board region this August, 11.3 per cent more than the 594 properties sold in August 2018 but a 6.4 per cent decrease from July 2019. Sales of condominiums were up 4.1 per cent from August 2018 with 203 units sold.