Around Vancouver
Regulators Conclude The Mortgage Stress Test Is Here to Stay
New data released from the Canadian Housing Statistics Program suggests there are quite a few homeowners who have accumulated more than one property. In...
Red Flags in Residential Investment
There are a lot of predictions right now that a recession is just around the corner. At least the bond market thinks so. The...
City of Vancouver Condo Sales Report Slowest May Since 2001
As mentioned in my last post, the Vancouver detached housing market remained weak in May with sales posting 28 year lows and prices sinking...
Vancouver Detached Prices Slide 13.6% Year-Over-Year in May
It came later than expected But the spring market finally arrived in the city of Vancouver. The month of May was the busiest month...
Mortgage Rates Fall Helping Debt-Laden Households
It wasn't long ago we were discussing the horrors of rising mortgage rates and what was sure to be the inevitable death knell for...
Pre-Sale Absorption Rate Drops to 20% Prompting Developers to Cancel Projects
With May sales figures set to be released in a few days there is somewhat of a renewed optimism. Sales have picked up a...