In this paper I look at the different factors that are causing the Metro Vancouver home price increases with a concentration on the effects of the Provincial government’s new 15% foreign buyer’s tax. I split the factors into two categories: Demand and Supply. For each factor I identify and examine the problem and the effects it has on the market. Additionally, I use a series of regression models to illustrate the relationship each variable has with price. Finally, I review the impacts that zoning and density have on price.
