BC Government’s Subprime Loans Fueled Almost 7% of Vancouver Real Estate In Q1
Vancouver real estate buyers got help from the BC Home Partnership, but the program added more to prices then it contributed. *slow clap*
This Week’s Top Stories: China’s Largest International Real Estate Buyer Has A Problem, and Government Warns Canadian Debt Will Hit New Records
China’s largest international real estate buyer has a problem, and the Canadian government thinks household debt will accelerate.
Deep Pocketed Boomers Just Sent Vancouver Condos To An All-Time High
Vancouver real estate is back. Downsizing Boomers are competing with first-time buyers, sending condo prices to a new record high.
A Third of Vancouver Commercial Real Estate Sales Were Residential Land
Residential land accounted for almost a third of all commercial land sales in Vancouver, down from 50% the same time last year.
This Week’s Top Stories: Sydney Sees A Boom In Second Homes, Toronto’s Home Flippers Are In Full Force, and Bank of Canada Flags Traditional Mortgages
The über rich are flocking to Sydney for second homes, 7% of Toronto homes sold were owned less than a year, and BoC finds mortgage problems.
Don’t Expect Vancouver Real Estate To Turn Negative For At Least 16 Months
We take a look at how long it takes for Vancouver real estate prices to experience negative growth, and generally how long it lasts.
BC Real Estate Sales Fall By Over $10 Billion YTD
British Columbia’s cool start to the year is adding up to over $10 billion less in sales this year compared to last.
Vancouver Detached Homes See Higher Prices For A Third Month In A Row
Vancouver real estate is seeing higher prices, especially detached homes where they’re now trading at June 2016’s scorching levels.
This Week’s Top Stories: China’s Real Estate Spree Is Over, 3.1 Million US Mortgages Are Underwater, and Toronto is full of Rich Families
China’s international real estate binge is dead, 3.1 million US mortgages are still underwater, and Toronto has a ton of ballin’ families.
Foreign Buyers Are Being Offered Huge Incentives To Come Back To Canada
Social media is outraged at the possibility of Canadian developers offering big overseas incentives in attempt to win back foreign buyers.
