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"Trees don't grow to the sky and markets will correct at some stage here."
Vancouver house prices have fallen 6.6 per cent while sales have dropped by 40 per cent.
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It was a tumultuous year.
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Foreign buyers are bailing on B.C.
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A lot can happen in a few months.
Sales plummeted after the tax, but they plummeted more before the tax.
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"Their gamble is that it's better to look like you're doing something than to appear indifferent or tone deaf to the issue."
But average price isn't the only metric.
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House prices forecast to fall in time for provincial election.
No. 4: Prices are expected to continue climbing.
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Remember that time a house sold for millions over asking in a few hours? Yeah.
Vancouver's city planners could learn a thing or two from Europe.
Is it getting hot in here? ...
Crash could come in autumn, when U.S. expected to raise rates Vancouver expected to be epicentre Similar bets against Canada made in 2013, no collapse followed When it comes to Canada’s housing mar...
"The supply of homes for sale today in the region is not meeting the demand we're seeing from home buyers."
Unaffordable homes will lead to unsustainable debt loads, predicts Vancity.
It happens too often. My wife and I make friends in our community -- many of them, like us, raising small children -- and then we find out they are moving, leaving Vancouver, because they can no longer afford the high cost of living here.
Sotheby's Int'l Realty
The future of Metro Vancouver's real estate lies with baby boomers who hold an astonishing $163.4 billion in mortgage-free property, said the city's "condo king" in an annual address. "What will be th...
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.
VANCOUVER - Home sales in the Vancouver region for January were up 30.3 per cent compared with the same month a year ago, according to the Real Estate Board of Greater Vancouver.The board says sales t...
B.C.'s real estate market is set to see slower sales growth this year compared to 2013. So says the first quarter housing forecast update from the B.C. Real Estate Association (BCREA), which predicts...
Vancouver real estate rebounded in 2013, though the market has yet to reach the heights it achieved two years ago. Sales of detached, attached and apartment properties were up 14 per cent in 2013 over...
Vancouver's real estate market faces a rough ride in the coming years, says a new report from Royal LePage. The report foresees a dark period for Vancouver housing due to factors such as low job creat...
Vancouver real estate led the country in what proved to be a bounce-back year for housing sales, says a new report from Re/Max. The realtor's Housing Market Outlook 2014 showed Vancouver tied with Kel...
Despite fears of a housing crash in the city, Vancouver's real estate market continues to thrive—but at the expense of affordability. The most recent Housing Trends and Affordability Report from RBC s...
B.C.'s residential home sales are predicted to grow 6.3 per cent next year as the housing market moves into balanced territory, favouring neither sellers nor buyers, says the B.C. Real Estate Associat...
The sun shone as brightly on Greater Vancouver's housing market as it did on the beaches in July as residential property sales saw their best returns of the year. The market saw 2,946 homes change han...
Vancouver's real estate market proved the exception to Canada's rule in the second quarter of 2013, as housing prices continued to show a drop over the same period in 2012, while nationally the trend...
VANCOUVER - The Real Estate Board of Greater Vancouver says sales for May were up one per cent from a year ago.The board says sales on the Multiple Listing Service in the Vancouver region totalled 2,8...
The penthouse at Vancouver's Fairmont Pacific Rim has sold for $25 million, making it one of the most expensive condos ever sold in Canada, CBC News has learned. The 6,400-square-foot condo was liste...
Vancouver remains the worst place in Canada to afford a house despite slumping prices, says a report from the Royal Bank of Canada (RBC). The costs of owning a detached bungalow in Vancouver take up 8...
We're almost halfway across Canada in out 'Absurd Vancouver Properties' series. This week we're focused on three Toronto houses and what domestic perks they hold against f*%king ridiculously priced properties sprinkled throughout Vancouver.