The Greater Vancouver Real Estate Board says home sales and prices continued their fall in December, dropping by 52 per cent and three per cent respectively from a year ago.
The figures contribute to the 28,903 sales made over 2022, 34 per cent lower than 2021's total and seven per cent below 2020's.The board attributed the decreases to the market experiencing"a year of caution" fueled by rising borrowing costs and an ongoing battle with inflation.
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