Vancouver Market Still Strong
April 25th, 2008Year after year, Vancouver continues to post average to above-average increases in property values. A two-storey home is already nearing $650,000 — 35% above the average price of a comparable home in Toronto and almost twice as expensive as the national average this year. That’s good if you already own a rental property, but not so good if you’re looking to enter the market as either a landl ...

Canada's current housing boom is the strongest and longest in the country's history, and is still "remarkably buoyant," says Adrienne Warren, chief economist at Scotiabank. Despite the housing downturn in the United States, last year Canada set an all-time record for resale home sales. Most economists don't think 2008 will match those levels, but the market continues to be healthy acro ...