Month: March 2021
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Metro Vancouver detached home prices to reach all-time high in March
The relentless rise of Metro Vancouver detached home prices show no signs of abating with prices set to reach an all-time high in March 2021 breaking the previous record set just a month earlier. The OpenHousing Home Price Index for detached properties – calculated using the generally-accepted and transparent repeat sales or Case-Shiller method – […]
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Vancouver’s house flipping numbers contradict Bank of Canada governor’s claims of no speculation in real estate market
By Rohana RezelBank of Canada governor Tiff Macklem said two weeks ago that he has yet to see any signs of speculation in Canada’s hot housing market. We analyzed Metro Vancouver real estate data over the last decade to see if Macklem’s claim is based on facts. We found a clear increase in levels of […]
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