Friday Free-for-all! February 21st, 2020

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!

Record construction with falling prices

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.

Friday Free-for-all! January 17th 2020

Happy Friday!

Let’s kick off a new thread – here are a few recent news links:

Never had so much construction
2020 property assessment takes another tumble
Who’s cheering the drop in prices?
$1 million mansion with a pool
Sunshine Coast for a loonie and a toonie
Detached sales dip lower than ’08/’09

So what are you seeing out there? Post your news links, thoughts and anecdotes in the comments below and have an excellent weekend!