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Blog by Linda M Linfoot

Residential Market Commentary

May 22nd, 2017
Moody’s credit rating service managed to get everyone’s attention last week when it downgraded all six of Canada’s big banks. The move triggered fresh fears that the country has a housing bubble and it is about to burst. But what does it amount to? For the banks, not much. For the rest of the economy, and in particular housing, it is being seen as a warning.

Many market watchers are calling t ...

Residential Market Commentary

May 12th, 2017
The April sales numbers are out and it is clear government interventions are having an effect; exactly what effect, though, is not clear.

In Vancouver the 15% foreign buyers tax appears to have hit the detached single family segment the hardest, for now. Prices are down about 4% since the tax was implemented in August. The decline is led by the luxury end of this segment which has seen prices ...