TREVOR BARNETT

The latest report from CMHC (Canada Housing & Mortgage Corporation) suggests that the HOT Vancouver housing market is in a typical summer slowdown. While prices in some areas of the lower mainland have softened, CMHC is clear to point out that it would take two consecutive quarters of decline before they might declare that the 'bubble' has burst. In fact, there are differing professional opinions as to whether we are indeed in a so called 'bubble'.

Inventory levels for re-sale homes in most lower mainland communities remains low. Today, the Royal Bank of Canada announced a series of mortgage rate reductions, once again signalling

I just sold this Town Home at 28 7651 FRANCIS RD, Richmond British Columbia in the Broadmoor neighborhood.

View this recently sold Town Home or see all my home sales