September sales are down more than 75 per cent

For years the sky was the limit for the Greater Victoria real estate market. But now it seems the bottom is falling out.
Home sales so far this September are down more than 75 per cent over the same period last year. And the freefall comes after an awful August when sales hit a twenty year low.
The Greater Victoria real estate board says what it means is this is a terrific time to be a buyer. Not everyone agrees.

Is the Victoria Real Estate Bubble Bursting?