Vancouver’s real estate prices surge to an all-time high

Andy Clark/Reuters Vancouver real estate prices continued to climb in May. The Real Estate Board of Greater Vancouver (REBGV) latest stats show that buyers are feeling optimistic once again, sending prices to another all-time high. Yes, it’s the same Vancouver people have been saying is “crashing” for the past few months. The city saw higher […]

Vancouver’s mortgages are rapidly deteriorating in quality

Reuters/Reuters Photographer Vancouver real estate may be showing signs of exhaustion. According to the Bank of Canada (BoC) and the Ministry of Finance (MoF), the quality of mortgages are showing increasing signs of quality deterioration. Over the past year this trend has accelerated, leaving more homeowners vulnerable to financial ruins in the event of a […]

Vancouver’s real estate market could crash thanks to China

Wikimedia Commons Global real estate markets are breaking a sweat, and Vancouver should be no exception. Those same foreign buyers that sent property values soaring around the world are now a little short on foreign currency. New regulations now prohibit the exchange of yuan for real estate, making it tricky to get currency into foreign […]