Tag Archives: housing prices

Vancouver Sees 12 Percent Drop in Housing Prices in July from Same Time Last Year

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Vancouver, one of the most popular Canadian housing markets for the country’s immigrants, saw the average value of real estate purchases in July drop 12 percent from the same period last year, according to data collected by Bloomberg News. The city’s real estate prices have boomed in recent years due in large part to foreign investment from China and home […]

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Inflation Drops to 1.2% in May, Reducing Likelihood of Rate Hike

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Prices increased 1.2 percent in the 12 months leading up to May, a drop of 0.8 percent from the annual inflation rate in April, according to a report released by Statistics Canada today, a development that could keep interest rates low and help shore up housing prices in the near term. The slowdown in inflation was due primarily to declines […]

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