Vancouver Condos Get A Price Drop, Burnaby Sees Higher Demand
Vancouver real estate takes another hit, with condos dropping 0.5% since August. Still not a deal, but it’s getting interesting.
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Vancouver real estate takes another hit, with condos dropping 0.5% since August. Still not a deal, but it’s getting interesting.
Demand for Vancouver real estate dropped to February 2015 levels, which weren’t exactly ice cold but is a big change from recent months.
The Vancouver Vacant Home Tax is the latest in a string of taxes aimed at solving the city’s housing crisis.
Concerns over the Vancouver real estate market had a minimal impact on condo buyers. Despite plummeting demand and building inventory, condos were barely touched according to the latest release from Real Estate Board of Greater Vancouver (REBGV). Buyers continued to display above average demand, although they were slightly more modest than the month before. Prices […]
Vancouver real estate prices creeped up, but a significant drop in demand questions its ability to continue its rise.
Large Canadian pensions are looking to reduce exposure to Vancouver real estate, we look at one of the reasons why – cap rates.
Canada’s large public pensions are beginning to lower exposure to the Vancouver real estate market, setting off new alarms of the bubble pop.
More than a few people have been saying that if there was a crash, we would see an increase on late payments on mortgages. This logic seems solid on the surface, but makes BC’s situation all the more confusing. People are purchasing homes at 21x the medium income, it doesn’t quite make sense that no […]
We look at three teardown properties in Vancouver that highlight how expensive the city is, and just how little $3 million can buy you.
Absorption rates show demand for BC real estate reversed in March 2016, so why was a foreign buyer tax thrown in last minute?