Real Estate News Headlines // August 16th 2016

Jethro Seymour, one of the Top Toronto Real Estate Brokers, provides you with Canadian real estate news headlines

The Canadian Real Estate Association says July marked the third consecutive month of fewer home sales, as the Vancouver market slowed.
The association said Monday the number of transactions fell 1.3 per cent nationally between June and July, as more than half of all markets tracked showed declines in July — including Greater Vancouver and the nearby Fraser Valley, which slipped 6.7 per cent and 14.0 per cent, respectively.
The national sales in July were also down 2.9 per cent compared with the same month a year ago, as Greater Vancouver fell 18.3 per cent and the Fraser Valley lost 10.4 per cent.