Vancouver Housing Crisis
Vancouver Housing Crisis
1 min readMay 25, 2016

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UP! UP! UP!

The wild ride in the Toronto and Vancouver housing markets may be over. Either that, or it’s taking a breather right in the middle of the hot spring home-buying season.

After several years of rapid growth, home sales in both cities have flatlined and even shrunk mildly over the past two months.

“Activity in Greater Vancouver and the GTA appears to have topped out,” said Cliff Iverson, president of the Canadian Real Estate Association (CREA).

Toronto, Vancouver Markets Have ‘Topped Out,’ Realtor Association Says

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