A recent report from Canada's National Housing Agency, the CMHC, opens a very interesting discussion on why our Vancouver housing market is so strong and why we expect it to continue on. Statistically-backed reasons are given as to why our economy is improving - currently up 3.3% this year and expected to reach a further 2.8% next year. As well as job growth, Vancouver is still very much attracting immigration with 16000-18000 new households anticipated – all of these will naturally need … [Read more...]

