Something unusual — and potentially alarming — is happening in the Vancouver real estate market. Over the past year, a growing number of large development projects have entered foreclosure or insolvency proceedings. Some developments have stalled halfway through construction, while others —…
Canada’s housing market may be heading toward another major turning point. After one of the sharpest housing corrections in recent history, many believed the worst was already behind us. Prices dropped significantly across the country, developers began struggling, and housing…
Over the past few months, some people have started saying that the worst of the Vancouver housing downturn may already be behind us. Sales activity has picked up slightly. Prices in some segments appear to be stabilizing. And the panic…
Vancouver’s real estate market has been full of surprises in 2025, but what’s happening now is something we’ve rarely seen before. It’s not just homebuyers or investors taking the hit anymore—developers themselves are losing their multimillion-dollar mansions in foreclosure. In…
Canada’s housing agency, CMHC, just admitted something they’ve never said so bluntly before: home prices in British Columbia are expected to fall in 2025. The hardest-hit market? Vancouver real estate, particularly homeowners and developers caught in the pre-sale condo crisis. But there’s…
The Vancouver real estate market has been hit with yet another high-profile collapse — and this time, it’s a completed $93 million luxury condo project that has gone into foreclosure. The building in question is Chloe, a boutique four-storey development in Kerrisdale, which…
