The report from Genworth Canada shows prices here will go down by two per cent to an average of just over $348,000.
Tagged: Real Estate Report
Average Vancouver home price down 12.4% to $667,462 over last year in July – Greater Vancouver Real Estate Report August 2012
Vancouver’s resale housing market plunged sharply in July compared with July 2011, according to the Canadian Real Estate Association.
According to statistics released today by The Canadian Real Estate Association (CREA), national resale housing activity remained stable from June to July 2012.
Average Canadian Home Prices Declined by 2% in July – Metro Vancouver Real Estate Report August 2012
The national average home price in Canada declined by 2% in July compared to July 2011, due to price falls in Vancouver, as most markets saw slight increases.