From Name:
From Email:
To Name:
To Email:

Optional Message:

How to deflate a housing bubble, from Vancouver to Toronto

from Globe and Mail

In Canada’s frothiest housing market, prices are finally falling. Hip, hip, hooray. Falling real estate prices are normally a negative economic indicator, but it’s been years since Vancouver had a normal housing market. Canada’s third-largest metropolitan area inflated into a bubble thanks to home prices that consistently rose much faster than local salaries. Real estate became disconnected from the real economy. more

Powered by MultiBriefs
7701 Las Colinas Blvd., Ste. 800, Irving, TX 75063