Foreign buyers have pretty much disappeared in Metro Vancouver’s real estate market!

  Foreign buyers disappear The latest property transfer data from the B.C. Ministry of Finance, released at the end of July, indicates that foreign buyers have all but disappeared from the Lower Mainland. The numbers show that just 1% of all real estate transactions in Metro Vancouver and the Fraser ...

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Three possible scenarios for Vancouver’s housing market

Will Vancouver home prices tank, surge ever higher or settle somewhere in between? With help from disgruntled residents, global investors and government intervention, here’s how the city’s real estate future could play out, for better or worse Scenario No. 1 The Homepocalypse THE UPSHOT: In the aftermath of a worldwide ...

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Housing supply up, demand down across Metro Vancouver

July’s residential housing sales in Metro Vancouver reached their lowest levels for that month since the year 2000. The Real Estate Board of Greater Vancouver (REBGV) reports that residential property sales in the region totalled 2,070 in July 2018, a 30.1 per cent decrease from the 2,960 sales recorded in ...

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