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30 Oct

Although home price growth is moderating in Vancouver, evidence of overvaluation and overheating remains high for 2018’s second quarter

Interest Rates and Market

Posted by: Ethel Lariviere

CMHC reported Vancouver as exhibiting three of the four risk factors for the year’s second quarter: Overheating, overvaluation and price growth acceleration. However, low inventory of new home construction and sales has led to little evidence of the fourth risk factors – overbuilding:

https://www.westerninvestor.com/news/british-columbia/metro-vancouver-housing-market-highly-vulnerable-despite-easing-prices-1.23476230?utm_source=Western+Investor+Newsletter&utm_campaign=5cdb9bf5b4-EMAIL_CAMPAIGN_2018_01_03_COPY_01&utm_medium=email&utm_term=0_9b89d35e1e-5cdb9bf5b4-96456025&fbclid=IwAR3HSUvP7IQZ9HdxfHTR7g1jyNM1JA61jyafigtx71pt22w1BHvBmiJsy88