Young would-be homeowners are feeling the chill. For more than half a decade, these potential property-owners and family-makers have been frozen out of the city of Vancouver. But that freeze due to unaffordable housing doesn’t stop at Boundary Road. Homebuyers are struggling to find affordable housing on the North Shore, in Richmond, in Burnaby even as far as Langley. In my […]
A new report into the 2015 global luxury real estate market ranks Vancouver as the top performing city worldwide. In a top 100 list that includes Shanghai, San Francisco and Monaco, Vancouver is the clear leader, with prices accelerating 24.5 per cent last year. Sydney, ranked second, grew just 14.8 per cent in the same […]
The average price of detached homes in Toronto and Vancouver has topped $1-million, and that should make you wonder. Detached from what, exactly? I’d say reality. From Canada to China and Greece, the financial and economic news this summer is worrying. Only if you have gold-plated financial security in your life should you jump into […]
