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by notNow 3972 days ago
I don't know about the real estate market for each state you cited but if the market activities were driven mainly by speculation and short term flipping then a 50% dive esp. in a highly leveraged market sounds very plausible but it seems that Vancouver has very sound fundamentals to sustain the higher prices.
2 comments

> it seems that Vancouver has very sound fundamentals to sustain the higher prices.

Have you seen the pictures?

http://www.crackshackormansion.com/

Not to mention Florida, Nevada, and Arizona had a housing supply glut where you will likely never see one in Vancouver in your lifetime.