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Real estate prices in the Vancouver region have gone up too much too quickly, creating conditions ripe for sharp declines, the author of a report on the country’s most expensive real estate market says.

 

“Prices have accelerated...

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For some the last few weeks was a rush to wrap up real estate deals before Aug. 2 tax was imposed on Metro Vancouver property deals.

For some the last few weeks was a rush to wrap up real estate deals before Aug. 2 tax was imposed on Metro Vancouver property deals. (DeWitt Clinto/Flickr)

Deals collapsing under the weight of extra costs from 15% tax which came as a 'shock'

By Yvette...

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home prices

Mark your calendar, because a major bank has set a date for Vancouver and Toronto real estate to cool off, if only a little bit.

 

TD Economics issued its quarterly economic forecast on Thursday, and it has some promising news for...

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Prime Minister Justin Trudeau is scheduled to meet with a round table of experts on Vancouver’s housing affordability crisis on Friday, just as new data are released showing the extreme nature of the city’s escalating housing problem....

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Categories: real | Real Estate News