Recent stats indicate that home sales for June in Vancouver have dropped over 30% compared to last year's numbers. Vancouver is not alone as Toronto saw a drop of 23% and Calgary is showing a decrease of close to 40% for the same time frame. In order to combat these figures, prices will have to come down significantly.
The industry is in hope that home builders business will begin to pick up in the 2010. Though it is not certain experts say that there is going to be an increase in home sale.
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