Vancouver housing affordability improved in Q4, but not for condos: RBC

Take a Look at This - Vancouver's Foreign Buyer Tax Didn't Stop Real Estate Sales, China Did

Think the foreign buyer tax reduced sales of Vancouver real estate? Not exactly. Declining sales have more to do with a Chinese clampdown on outflows in December, and new capital controls in January.


Take a Look at This -

According to RBC's Housing Trends and Affordability report released March 30, it was more difficult to afford a condo in the Vancouver area in Q4 than it was a year—or even a quarter—ago. The affordability measure was 46.1% in Q4, which means it took ...




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