The Metro Vancouver benchmark home price has held its value, but the price of the median home purchase has dropped significantly.
All tagged Housing Bubble
Metro Calgary Home Price Forecast
Calgary’s home prices were dropping before COVID-19 struck and the Metro Calgary benchmark home price is still trending downward.
Could Canadian Property Prices Crash?
Everyone now agrees home prices will fall this year, but no one is confident how much and for how long. Were Toronto, Vancouver, Victoria, and Hamilton in a price bubble? Will prices crash? Should we expect house and condo prices to fall across Canada?
Should I sell my home today?
Some economists say the Coronavirus Recession will rival the Great Depression. If that is true, then some Canadians should seriously consider selling their home.
How will Coronavirus affect Canadian real estate?
Canadians should prepare for the possibility of a virus-induced home price correction.
Victoria real estate is riskiest in Canada
Find out why Canadian real estate is vulnerable to a price correction.
Is Canadian Real Estate Less Risky Now?
Home prices in Vancouver and Toronto are now lower. Does that mean the bubble is deflated and real estate is less risky?
Most people think real estate is a low risk and high return investment however many experts disagree. This article explains why many economists are concerned about risk in Canadian real estate and it’s potential to derail the economy.
Are Vancouver condo prices dropping?
Your answers to important questions: Are Vancouver condo prices falling? Will Vancouver condo prices drop? Should I buy a Vancouver condo or wait? Is there a price bubble in Vancouver condos?