Vancouver Island Prices Down 8% Sales Plummeting

I love the title. Slightly? 8% is Slightly? If you put 5% down you are stuck. If you put 10% down you still can't cover transaction costs and need to bring a big check to closing. Housing prices fall slightly on the Island

The drop was in all six zones, with Nanaimo, Comox Valley and Port Alberni reporting the least drop in property values, at -5% compared to a year ago, while Campbell River reported the greatest change at -11%. Sales volumes also dipped, with Port Alberni volumes down -20% in Port Alberni, up to -38% in Cowichan Valley. Sales fell 22% in Nanaimo.

They don't report total inventory so there is no way to calculate Months of Inventory (MOI)