Thursday, February 25, 2010
Housing Bubble In Vancouver?
Another article was posted today in the Vancouver Sun about the housing bubble in Canada. The deputy governor of the bank of Canada stated again that they see no housing bubble materializing in the Canadian market. I agree with these comments, especially here in Vancouver. We are currently experiencing the best Olympic games and the city of Vancouver is getting confident again. There is a sellers market emerging again that some of my realtor friends have told me.With a lack of inventory and low intrest rates continuing there is not a housing bubble formimg at this time.