See Larry's Post.
Ok lets not get too excited, we have seen this movie before and it didn't end well. We saw a big drop in mid-2011 only to see it rise like a phoenix to new heights and I am not even talking about 2009 when tweedle-dee and tweedle-dumb rigged the system so that we were denied our correction.
Lets see what the official number say and how the GVREB spins it.
We’re Number One! – Vancouver RE ‘Overvalued Since 2007’ – UBS 2016 Housing Bubbles Report - Vancouver and London came first and second on the 2016 list of cities most at risk of real estate bubbles. Bubble risk was also evident in Stockholm, Sydne...
1 day ago