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All Vancouver flippers flopped in May
All 11 detached house flips in and around Vancouver in May 2019 ended up with the flipper losing money, with all selling for double digit percentage losses. All flips in Vancouver, Richmond, Burnaby, West Vancouver, North Vancouver and New Westminster ended up with the seller getting less significantly less than what they paid for the […]
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Vancouver flippers flopping in Q1 2019
All 13 Vancouver house flips ended up with the flipper losing money in the first quarter of 2019, with many selling for double digit percentage losses. In comparison, only 3 out of the 15 flips in the first quarter of 2018 were loss making. Other municipalities in Metro Vancouver didn’t fare much better either. OpenHousing […]
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