Vancouver, British Columbia



2007 Vancouver House Prices

Vancouver, BC

British Columbia Housing Bubble May be Deflating (The Leader, 06/09/2006): "There are signs that Vancouver elevated real estate prices may ease back in a soft landing, rather than a burst bubble. A TD Report suggests a shift toward a more balanced marketthat “might augur for a soft landing if it continues.” Greater Vancouver average resale homes continue to sell for more than $500,000 up more than 20 per cent from a year ago and home ownership costs have climbed to about 50 per cent of household wages.