Around Vancouver
Property Flipping Slowing Across Greater Vancouver
As is typical in every housing cycle, property flipping escalates as prices and sales increase, allowing for profit maximization. According to a Bloomberg article...
Vancouver Detached Home Prices Drop 12.8% Year-Over-Year in April
The month of April turned out to be another disappointing month for home sales activity across Vancouver. Detached home sales in the city of...
Vancouver Condo Sales Have Slowest April in 18 Years
Following their detached counterpart, condo sales were historically weak in April. Sales fell 30% from last year, and hit their lowest total for the...
Residential Mortgage Credit Growth Remains Sluggish in March
Amidst a continued slowdown across the national housing market, which includes national home sales dropping to a decade low in March, Bank of Canada...
Unsold Inventory Growing Across Metro Vancouver Sales Centres
With Greater Vancouver condo prices declining, now down 5.9% year-over-year in March, this is having an immediate impact on the pre-sale market. As has...
Provincial Home Sales in BC Have Slowest March Since 2013
It's been over a year now since the BC Government introduced a bout of policies aimed at cooling the provincial housing market. Policy measures...