Record LOW 111 single family homes sold in Vancouver

Oct 16, 2018 | Jeremy Goldfarb


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That's right.....you read the title correctly. Only 111 in September 2018.

 

Remember all of the policy levers the Bank of Canada and the federal government were pulling to curb lending and housing prices? Well, now that rates are going up quickly (relatively speaking), those policy changes are going to work in conjunction with the rate increases to really bite into the market.

 

People have bet against Canadian banks and their outstanding performance in the past......and failed. Will this time be any different? Have a look at the quick post from Veritas (click here) and formulate an opinion........