Vancouver, BC - May 30, 2012
The regional BC real estate markets are collectively up a tree, staring at the danger below. The mood is a bit scared, a bit scarred, the euphoria of earlier broad-based gains long evaporated.
Branch-wise, some submarkets still maintain a decent grip, others not so much. Adding to the uncertainty, a weighty panda bear has climbed up in the tree too - the regional-centric yet deeply influential influx of foreign residential and resource-industry investment buyers.
The living-dead mess in the euro zone, knock-on worries in Asia, the usual suspects everywhere. Global, national and provincial economies shift in concert, the winds affect the whole forest and our relatively small yet overloaded tree sways and creaks. Hang on...
Click here to download the full report. (307 KB)
For a hard copy of the report and more information, contact:
Rudy Nielsen, President and Founder
Landcor Data Corporation
(604) 604.606.7914
info@landcor.com
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