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Vancouver housing market showed a very strange behavior in 2015-16 a) Vancouver housing market showed a very strange behavior in 2015-2016. House prices increased sharply,

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Vancouver housing market showed a very strange behavior in 2015-16

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a) Vancouver housing market showed a very strange behavior in 2015-2016. House prices increased sharply, but there were multiple offers for each house listed in the market. This is an indication of an upward sloping demand function (higher price, greater quantity demanded). ile r7

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