Why the Vancouver real estate market is so volatile

The Vancouver real-estate market is the biggest in the world, and that’s because Vancouver’s population of 2.7 million people is the third largest in the country, behind New York City and Los Angeles.

But that’s not what has been driving this market lately.

The city’s real-property market has taken a nose dive in the last year, and the prices it’s seeing have been a lot lower than they were a few years ago.

While the city’s stock market and the broader Canadian economy have suffered a bit of a slowdown, Vancouver has been hit hard by the global economic crisis.

For the past couple of years, the city has been suffering from one of the worst recessions in Canada, as companies have been shutting their doors and people have had to relocate.

While there are still some jobs in the city, they’re mostly in construction, retail, and hospitality.

That means that Vancouver is also seeing a lot of money being spent in other areas of the city.

For instance, real estate agents are taking a bigger share of the pie in Vancouver than they did a couple of decades ago.

But while those sales are down, the real estate prices in the surrounding area are skyrocketing.

The price of a house in Vancouver, in contrast, is down by over 80 percent since the housing bubble burst, according to Zillow.

That’s because real-price housing in Vancouver has exploded in the past decade, while condo sales have dropped.

As a result, prices have soared in parts of Vancouver that have historically been hit by the recession, including Downtown, Queen Elizabeth Park, and Lower Mainland.

There are also signs that prices are rising in areas that have traditionally been hit hardest by the economic downturn, such as Downtown and Queen Elizabeth.

But there’s also evidence that prices have been surging in areas of Vancouver where they have historically seen a lot more development, like the waterfront.

Those areas are home to some of the biggest projects in Vancouver.

The downtown area is booming, with new condo projects and apartment buildings popping up all over the city over the past few years.

That has been especially noticeable in the Downtown Eastside area, where new condo developments have risen by over 300 percent over the last two years alone.

The new condo buildings also tend to be located closer to the downtown core, where there’s less competition for people to live and work.

But as people move into other areas around the city and downtown area, they’ll be able to enjoy higher rents and lower prices.

The Downtown Easts are also home to a lot new condos, which are coming up all the time, according a study by the Urban Institute.

It’s a good sign for the city that people are still spending money in these areas.

The only problem is that they’re being paid for it.

As the U.S. economy has taken off, many people have moved to Vancouver to work and start families, but they’ve been paying more than they would have otherwise.

This has made real-money rentals difficult to find for people who are trying to find new places to live.

As long as that trend continues, Vancouver will continue to be a tough market for those trying to make ends meet, said Scott Horsfall, an associate professor of urban studies at the University of British Columbia.

The big question is whether that trend will continue for years to come.

Vancouver is still a big city, and there are plenty of people out there looking for places to rent.

But when that trend becomes more pronounced, and rents go up, the people looking to live in Vancouver will be forced to look elsewhere.

“It’s a trend that we’re seeing that we haven’t seen before,” Horsford said.

“I think it’s going to have a real effect on the quality of the housing in the region for the next few years.”