'Greater Vancouver House Prices to Fall 8.5% in 2017'

The video discusses the housing market trends in Canada, focusing on the contrasting situations in Vancouver and Toronto. Vancouver is experiencing a market correction with an 8.5% decline in home prices, influenced by regulations like the foreign buyer tax. In contrast, Toronto's market is growing, with a 16% increase in home prices. The video explores the impact of regulations, supply and demand dynamics, and the potential for future policy changes. It highlights the differences in market behavior between the two cities and the implications for homeowners and policymakers.

What was the percentage decline in new home prices in the city in November?

How did the home prices in Greater Toronto compare to those in Greater Vancouver this year?

What factors contributed to the correction in the Vancouver housing market?

What is the current average house price in Vancouver compared to Toronto?

What impact did the foreign buyer tax have on the Vancouver housing market?