Pages Navigation Menu

Top 25 Real Estate Agents in Vancouver West,Downtown Vancouver and West Vancouver. Buy & Sell residential homes, property management, pre-sale and more.

Vancouver Real Estate Bubble Myth

Since people talked about Vancouver real esate bubble in 2011, Vancouver housing prices were continue to go up year after year. Besides a history record high of 25% in 2015, Vancouver home prices were consistantly increase and never showed any sign of slowing down.

Canadian government was trying every possible way to cool down this “overheated” real estate market. For examples, tightening mortgage rules, propose home vacancy tax, non residents buyers registration policy and so on. However they hardly made any big impact on the market.

One reason is being it usually takes long time for Canadian government to adopt new rules or policies; the other most important reason is being unwise to interfere with market. Demand and supply would control the market all the time.

If you ever want to buy real estate property in Greater Vancouver, however lack of guide to choose what area or home type, please contact Angel at 778.858.7958.