Vancouver home prices may have seen 'final hurrah,' Royal LePage says

TORONTO - Royal LePage CEO Phil Soper says house prices in Greater Vancouver grew 30.6 per cent year-over-year in the third quarter of the year, marking what may have been the real estate market's "final hurrah."

The real estate agency says the average house price in the region soared to $1.19 million in the three-month period that ended Sept. 30, up from $914,705 during the same quarter last year.

Read the full article...