Comments on: Vancouver Is Seeing Less Sales In May…and More Inventory

By: Shawn

Shawn — Tue, 30 May 2017 17:33:04 +0000

In reply to Jim. its due to commute times of course, and who the hell wants to live on Bowen... ;-)

By: Cher

Cher — Tue, 30 May 2017 02:15:11 +0000

In reply to Jim. You must be retired ;)

By: Kia

Kia — Sun, 28 May 2017 18:27:53 +0000

Am I right that most economies reinflated asset prices to maintain confidence after the 2007 crash . Guess that tricked worked ! And no doubt even if there was a crash – Central Bankers in Canada would simply do the same .So I guess banks and mortgages are safe and eventually it will all reinflate even if there was a crash ! Ie All those buying in popular areas are right ! Their asset values are protected what ever happens in the real estate market .The Bo C will make sure of that !

By: Jim

Jim — Sun, 28 May 2017 03:00:02 +0000

Only crazy people buy in Vancouver. Why not consider the Sunshine Coast, Sea to Sky, Deep Cove, or for a smokin’ deal: Bowen Island (35 minutes by public transit to downtown Vancouver) ?
I guess Vancouver is the trendy brand.

By: Laser

Laser — Thu, 25 May 2017 16:24:02 +0000

Would be great to see this analysis on the single family market alone. When multis and SF are lumped together in the figure, I wonder how well the strength in the condo market is masking problems in the single family market.

By: H

Thu, 25 May 2017 12:51:06 +0000

FEWER sales. Not “Less”.

By: Gregory

Gregory — Wed, 24 May 2017 15:20:20 +0000

So in Vancouver there are 8,765 properties for sale – what is the comparable for Toronto (a much larger city) ? as you said, Vancouver is selling at a rate of 179/day, so that is 48 days of supply… wow, that is so tight – not surprised to see Condos back into bidding wars in Vancouver.

thanks