Vancouver Real Estate price reductions for 2013
January 8th, 2013
VANCOUVER — Vancouver's house prices could fall a further five per cent before 2013 is over, a panel of real estate experts said Tuesday.
The BMO panel, led by Sal Guatieri, senior economist, BMO Capital Markets, said tougher mortgage rules and the suspension of the federal immigrant investor program could be factors in the slowdown in Vancouver.
"Nowhere is the housing market weaker th ...