Vancouver’s crazy real estate market is spreading to the burbs, and sending late mortgage payments across the province even lower.
Vancouver real estate isn’t the hotspot for BC’s foreign buyers. Instead, the suburb of Richmond is seeing 1 in 10 homes go to non-residents.
Vancouver real estate buyers got help from the BC Home Partnership, but the program added more to prices then it contributed. *slow clap*
British Columbia’s cool start to the year is adding up to over $10 billion less in sales this year compared to last.
Still undecided on how you’ll vote in the BC election this week? Here’s the data points everyone interested in housing needs to review first.
Is Richmond turning into a ghost city? Some locals claim rapid speculation over Vancouver real estate has turned the suburb into one.
BC government unveils a program to help high leverage borrowers finance up to half of their downpayment, interest free for 5 years.
BCREA is already less than optimistic about Vancouver real estate. They expect falling prices in the city, as well as most of the province.
The foreign buyer tax implemented to help cool Vancouver real estate could become a fine that all Canadians will have to pay.
The penthouse at 277 Thurlow Street just listed for $58.8 million. If it sells near there, it’ll set a new record for Vancouver real estate.