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Real estate industry warns thousands of condos sitting unsold

Real estate industry warns thousands of condos sitting unsold

BC Today vor 1 Jahr

About 2,500 newly built condos are sitting unsold and empty in Metro Vancouver, according to the Canada Mortgage and Housing Corporation. It says the number is double what it was last year. Brendon Ogmundson, chief economist for the B.C. Real Est

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About 2,500 newly built condos are sitting unsold and empty in
Metro Vancouver, according to the Canada Mortgage and Housing
Corporation. It says the number is double what it was last year.
Brendon Ogmundson, chief economist for the B.C. Real Estate
Association, discusses the state of B.C.'s condo market.