Pursuits
Vancouver Leads Third Straight Fall in Canada Home Sales
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Canadian existing home sales declined for the third straight month in July, led by a Vancouver market that is showing signs of slowing down amid worries about affordability.
The number of transactions nationwide declined 1.3 percent from the previous month to 44,854 in July, with prices down 0.6 percent nationwide, the Canadian Real Estate Association said Monday from Ottawa. Vancouver sales fell 6.7 percent, with the nearby Fraser Valley region down by 14 percent.