I think we could all see this coming. Yes, new listings had slowed down, but sales have been sliced in half...despite the great-weather-low-interest-rates-rich-Chinese-no-land.
We are solidly over 6 MOI in almost every area.
Lets see what the HPI brings in a few days.
BTW- What is that terrible smell that has been blanketing Vancouver for the last week? It smells like a big stinky fart!