It’s the end of another work week and the start of another open topic discussion thread!
Here are a few recent links to kick off the chat:
–Vancouver 6th worst bubble risk in world
–Million dollar homes in central Okanagon
–Political mortgage stress tests
–Making it easier to get a mortgage
–Housing crisis reckoning
So what are you seeing out there? Post your news links, thoughts and anecdotes in the comments below and have a fantastic weekend!
It’s Friday and that means it’s time for a new thread!
Supply is dropping, does that mean prices will stop the drop and start to rise again?
post your news links, thoughts and anecdotes in the comments below and have a fabulous weekend!
Mo’ houses, mo money?
Canada Mortgage and Housing (CMHC) reported that Metro saw developers start construction on 28,141 new homes in 2019, up 20 per cent from 2018, with a substantial number of those, some 6,727, purpose-built rental units.
The CMHC report came out on the same day that Royal LePage released its latest house-price survey showing that aggregate home prices across the region declined 4.8 per cent in the fourth quarter of 2019 but in a market showing signs of recovering sales.
Read the full article here.
What’s your vision for 2020?
Time to move away? Buy, sell or just stay put and not worry about real estate?