Richmond Updates

[whatnext]

Where foreign buying was highest, the crash will hit the hardest:

The number of new homes being built in Richmond is on the rise, while the number of existing ones being sold is declining.

Construction started on 1,413 new houses, townhouses and apartment units in the first six months of 2018, according to a quarterly report from Business in Richmond. That’s 60 per cent more homes starting the building process than in the same time period last year....(bold mine)

https://www.richmond-news.com/real-estat...-fewer-being-sold-in-richmond-1.23414165