Business · Markets · 2 days ago

Vancouver-area court-ordered home listings near a 20-year high

Vancouver-area court-ordered home listings near a 20-year high

Greater Vancouver and the Fraser Valley are seeing an unusually high number of court-ordered home listings.

These are residential properties put up for sale through a court order.

Through September, the regions had 946 such listings, according to Zealty.ca president Hamidreza Etebarian.

Zealty’s recorded high is 1,174, set in 2012 after the global financial crisis.

The number of listings is not the only concern: the homes are also taking a long time to sell.

The headline says they are not selling, but the available details give no sale figures or timelines.

The story does not say what will happen next.

Sources

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