British Columbia·Video

B.C. home sales drop continues

The number of home sales is down across Canada by close to nine per cent, with a much more pronounced drop in B.C.

Home sales down

9 years ago
2:07
The slow housing market in B.C. is dragging down the national average 2:07

The number of home sales is down across the country by close to nine per cent, with a much more pronounced drop in B.C.

Along with a general softening of the market over the past year, some in the real estate industry are blaming new mortgage rules imposed by the federal  government for also discouraging sales.

The CBC's Meera Bains reports.

now