TORONTO, Sept 2 Home sales in the Vancouver
region's heated housing market fell 26 percent last month on a
year-to-year basis after the province introduced a tax on
foreign home ownership, the Real Estate Board of Greater
Vancouver said on Friday,
In a statement, the board said sales in August were at
2,489, down from 3,362 in the same month last year.
British Columbia introduced a 15 percent tax on foreign real
estate buyers in Vancouver in late July, a measure geared at
increasing housing affordability.
(Reporting by Ethan Lou in Toronto; Editing by Dan Grebler)