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A large house on Vancouver’s west side didn’t attract buyers at the asking price, but was still sold at almost 40-per-cent higher than assessed value.
A large house on Vancouver’s west side didn’t attract buyers at the asking price, but was still sold at almost 40-per-cent higher than assessed value.

Sellers are losing the upper hand in Vancouver housing market Add to ...

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Call it a markdown, Vancouver-style.

A high-end property with an asking price of $38.8-million in mid-January saw a price cut of several million dollars but still didn’t sell after six months. The listing expired in mid-July, before the B.C. government implemented its 15-per-cent tax on foreign home buyers in the Vancouver region, effective Aug. 2.

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