Vancouver Real Estate Sales Drop a WHOPPING 30%! Have Foreign Buyers Bought Elsewhere?

Vancouver is one the the most expensive real estate markets in the world. There has never been a more furious time in history. People literally fighting each other to get a sale. It’s beyond pandemonium. With central banks beginning to turn the tap off on easy monetary policies, we have seen the weakness appearing. When an economy relies heavily on real estate prices to continuously rise, what will happen should this come back to reality?

201807-REBGV-Stats-Package-for-Media
https://www.rebgv.org/sites/default/files/REBGV-Stats-Pkg-July-2018.pdf%20
MARKET REPORT: Estate agent Countrywide crashes 62% as it tries to pay off debts | Daily Mail Online
http://www.dailymail.co.uk/money/markets/article-6020369/MARKET-REPORT-Estate-agent-Countrywide-crashes-62-tries-pay-debts.html
U.S. Farmland Values Hit a Record Despite Trade Fears - Bloomberg Quint
https://www.bloombergquint.com/onweb/2018/08/02/u-s-farmland-values-hit-record-as-trade-fears-get-shrugged-off#gs.0LhkZPY
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Number Of South Fork Real Estate Sales Dips Nearly 13 Percent In Second Quarter - 27east
http://www.27east.com/news/article.cfm/East-End/564700/Number-Of-South-Fork-Real-Estate-Sales-Dips-Nearly-13-Percent-In-Second-Quarter
Number Of South Fork Real Estate Sales Dips Nearly 13 Percent In Second Quarter - 27east
http://www.27east.com/photo-gallery/article.cfm/564700#156021
Here's How America Uses Its Land
https://www.bloomberg.com/graphics/2018-us-land-use/