Around Vancouver
Per CMHC Non-Residents Funnel into New Vancouver Condos
Amidst an ongoing debate as to the influence of foreign money in the Vancouver housing market, CMHC has attempted to shed some light on...
Vancouver Condo Prices Slip 5.1% in February
The Vancouver condo market continues to experience very weak sales numbers. February sales fell 41% year-over-year and were the lowest for the...
Vancouver Detached Sales Fall 24.6% in February
As reported last month, Vancouver detached sales had their worst January dating back to 1990. This same phenomenon repeated in February. The...
Canadian Banks Increase Loan Loss Provisions as Housing Market Slows
Amidst a slowing Canadian housing market spurred on by the B-20 mortgage stress test, new credit growth continues to slow. As per...
Vancouver Single Family Housing Starts Down 15% From Peak
The ongoing woes in the Vancouver housing market are becoming more pronounced, particularly in the single family house sector. Coming off a...
Vancouver’s Luxury Housing Market Accumulating a Logjam of Inventory
As is typical in all housing corrections, luxury properties are the first on the chopping block while also suffering the steepest of...