A Vancouver mortgage broker says that the detached housing market in the city is “bananas” and says he’s never seen the market like it before.
David Ford of Verico wrote in a client newsletter that it is “real estate pandemonium,” that there are multiple offers on many homes and that it’s spreading out of the city to the Greater Vancouver area.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage.