Newspaper article The Canadian Press

National Audio 5:25 PM ET

Newspaper article The Canadian Press

National Audio 5:25 PM ET

Article excerpt

National Audio 5:25 PM ET

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NAT085 - (Home-Sales-Vcr) VANCOUVER. x-08s. Home sales in the Vancouver area plunged dramatically last month compared with record-breaking sales in February 2016. The Real Estate Board of Greater Vancouver says low supply is hurting sales. President Dan Morrison says new listings in February reached their lowest point since 2003. ("..buyers' demand.") (SOURCE:The Canadian Press)

TAG: Prices of detached homes have dropped 6.5 per cent over the past six months while condominium prices are up 2.3 per cent.

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NAT086 - (Home-Sales-Vcr) VANCOUVER. x-07s. The benchmark price of detached homes in the Vancouver area has dropped 6.5 per cent over the past six months while the benchmark price for condominiums is up 2.3 per cent. Real estate agent Adil (AH'-dil) Dinani says this means more room for people selling a 650-thousand dollar condo to buy a 1. …

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