City of Vancouver Condo Sales Report Slowest May Since 2001 – Ellie Pourian

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VANCOUVER – Home sales across Metro Vancouver rebounded to near record levels in May but demand is now being driven by condominiums and townhomes, a real estate expert says. That’s a shift from booming single-family home sales last year, said Real Estate Board of Greater Vancouver president Jill Oudil.

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Vancouver condo developer looks to Calgary for future Downtown Calgary is the next big play for multi-family residential developers, according to Cameron McNeill, president of Mac Marketing.

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Price of metro vancouver condos up almost 24% since last year, says real estate board By The Canadian Press High-rise condominium towers crowd the False Creek shoreline of downtown Vancouver, B.C. – The dollar has lost 82 percent of its value since the united states abandoned the gold standard in 1971, and of this, 35 percent has occurred since 2002. Since the eighties, the produc tivity of the country has dropped, with jobs going overseas and workers flocking to unemployment lines.

Condo Sales Declined. Bubble talk might be impacting sales, as they declined significantly across the GVR. 915 sales were logged through the MLS, this represents a 23.7% decline from the month prior. Of those sales, 1 in 4 were in Vancouver West – which only experienced a 19.9% decline from November.

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