Tag Archives: housing bubble
Many Metro Vancouver homes selling for a loss
By ThinkPol Staff Dozens of homes in Metro Vancouver bought in the last two years are currently listed to be sold for a loss as speculators appear to exit Canada’s hottest real estate market. An industry insider sent ThinkPol sales
Increasing supply in a housing bubble linked to a bigger crash
By ThinkPol Staff The BC government has promised to tackle the housing affordability crisis in Metro Vancouver by “aggressively” increasing supply. A new study coming out of Princeton suggests that the NDP government may want to reconsider that strategy. In
Homes sell for well below asking as Metro Vancouver market slumps
By Amy Chen Homes are selling in Metro Vancouver for up to 20% below asking as the housing market continues to tumble, according real estate sales data. ThinkPol analysed a random sample of 54 detached house sales in Vancouver, West
Investors dumping Metro Vancouver homes at a loss as bubble bursts
By Amy Chen Investors who bought homes in Metro Vancouver last year at the height of the bubble are dumping them at a loss to flee the market in a hurry as prices continues to tumble, recent sales listings show.