Tougher times at the pre sale centres have forced developers to boost incentives and begin cutting prices, as sales fall and inventory builds across the spectre. In April, the pre-sale absorption rate dipped to just 28%, well into buyers territory. Given the drop in sales and steeper price reductions eating into margins, developers are not […]
The post Metro Vancouver First Quarter Land Sales Drop 54% Year-Over-Year appeared first on Steve Saretsky.
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