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CMHC: B.C. market to stabilize

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Guest | 16 Aug 2012, 02:51 PM Agree 0
  • @Calgary | 21 Aug 2012, 07:34 PM Agree 0
    what specific aspect of this forecast lends itself to stability? all this represents is a further tightening on home affordability for consumers in a market that is already considerably more inflated than the rest of Canada. the reduction in rental vacancies tells the story; affordable housing options are being snapped up at a faster pace than they can be supplied. vacancy rates are well below the 'healthy' 2% outlined by metro vancouver. ACTUAL stability should be more aligned with market cooling in BC
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