Around Vancouver
Vancouver’s Building Boom Continues Despite Weak Pre-Sales
The Greater Vancouver housing pipeline remains fully bloated surpassing 44,000 units under construction as of the end of June, a fresh record high. Despite...
Apartment Rentals Under Construction Hit Record High
Given the uncertainty in the Canadian housing market, inflated home prices, elevated levels of household debt, and mortgage stress tests, it seems more and...
The Chinese Home Buying Boom Slowing Globally
The global economic slowdown which has prompted the worlds central bankers to take a dovish pivot has no doubt been plagued by the cyclical...
Housing & Auto Sales Sluggish Across Canada in June
The Canadian housing market recorded somewhat of a stabilization in June. The news comes just days after being featured on the number one spot...
Despite Housing Weakness Greater Vancouver Foreclosures Remain Low
One of the signs you look for when an economy, and in particular a housing market is in distress is the number of foreclosures...
Greater Vancouver Condo Prices Drop 8.9% in June
As we have seen throughout this year, the condo market continues to outperform the detached housing market. However, outperform might be a little too...