Vancouver Housing Market Rises Again

Vancouver's housing market is one of the world's richest and most expensive. The surge in prices is due to a shortage of new houses and the expectation that interest rates will come down in Canada. Rates are currently 4.75%, and inflation has risen 17% over the last 5 years. Modest houses in Vancouver cost a list price of CA$1.3 million, and condos start at CA$800,000. SWFI is a global organization that studies sovereign wealth funds, pensions, endowments, superannuation funds, family offices, and central banks. It facilitates events around the world related to these topics.