A lot of attention has turned to who’s buying all of that super expensive housing in Vancouver. So the Real Estate Board of Greater Vancouver (REBGV) has been quizzing their Realtors over the past year to get to a better picture. Turns out over the past year first-time buyers were busy getting in on the
It is no secret that when home prices go up in the City of Vancouver, prices in other municipalities across the Lower Mainland will also grow. According to a new report from the Canada Mortgage and Housing Corporation (CMHC), the rate at which prices in any given municipality will grow is measurable and consistent with commuting
One of the keys to unlocking Metro Vancouver’s housing affordability crisis is a focus on building more space for middle class families, the Greater Vancouver Board of Trade says. In a report issued this month, the board offered up seven suggestions for how the region could improve its “D” grade in affordability and economic competitiveness.
