Late-Q3 Prices Drop for Second Month in GVA

Housing prices in Metro Vancouver decreased, with the composite residential benchmark price ↓ 0.4% MoM to $1.2M in September.The benchmark prices for single-detached homes, townhouses, and condos have all ↓, although they remain higher yearly.
The decline in housing prices is attributed to a seasonal decline in sales and a modest increase in housing inventory.

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