IMMIGRANT INVESTOR PROGRAM

Sotheby's Int'l Realty

Why Vancouver House Prices Have Been Unusually Volatile -- And What's Next

The fact that the Home Price Index has obscured the extreme and unusual volatility in average detached home prices may itself be a problem. Few home buyers or sellers are likely aware that it is even occurring. It certainly hasn't been widely reported. Since early 2011, average house prices have changed direction by a factor of 10 per cent or more five times. Such volatility had never happened before, and the swings are getting wilder.
AP

Will Axing Investor Immigrants Kill Vancouver Home Prices?

Since Canada's government announced that it was axing the Immigrant Investor Program, there has been plenty of speculation about what that means for the second-most unaffordable property market in the world, where a dumpy bungalow can have almost triple the asking price as a castle on the other side of the country. The average price of a detached home in greater Vancouver? $1,259,775.
CP

Rich Chinese Always Welcome: MP

After the Conservative government froze and then cancelled the Immigrant Investor Program, Immigration Minister Chris Alexander is still wooing Chinese millionaires. Alexander used an interview with...
Getty Images

A Blip? Or A Bust?

Vancouver's property moguls are in a tailspin following this week's federal budget decision to cut off the valuable Immigrant Investor Program that has proved hugely popular with wealthy Asians lookin...