There has been an increase in interest for Vancouver luxury real estate by foreign investors. In fact, research shows that approximately forty percent of the total investors in this market are not local residents of the city of Vancouver but come from abroad. Most oversea clients in this vibrant property market are based in the South-East Asia, Europe, Australia, the U.S as well as South America. Moreover, according to a survey conducted recently, Arabs from Tunisia, Egypt as well as Bahrain have also invested heavily in this market. Although Chinese investors flood to purchase Vancouver luxury properties, top homes in this city have been scooped away by Iranian and American citizens. The glorious location of luxurious homes has been one of the reasons this Canadian city has witnessed an influx of investors from foreign lands. The homes are built in lush neighborhoods with top notch security, social facilities as well […]
Vancouver Housing Market
Vancouver is a vibrant and lively city that is located in the splendid British Colombia, Canada. It is well known to be the perfect destination for property investors...
Will There Be an End to the Vancouver Real Estate Bubble Fatigue?
Reports show that the Vancouver Real Estate has had price declines several times now since 1980â€™s. The fifth time is here, and seems to be staying in for a while. Has this trend formed what is called the Vancouver Real Estate Bubble Fatigue? Wikipedia describes real estate bubble or property bubble as a type of economic bubble that occurs periodically in local or global real estate markets, and is characterized by rapid increases in valuations of real property (such as housing) until they reach unsustainable levels relative to incomes and other economic elements, followed by a reduction in price levels. The constant price dips, have resulted to more experiencing a bubble fatigue. And even with an evidence of a small but significant increase in the sales to active listings–ratio conveyed by the Greater Vancouver Real Estate Boardâ€”still, several believes that a bubble fatigue would still be seen in the next […]