As is typical in every housing cycle, property flipping escalates as prices and sales increase, allowing for profit maximization. According to a Bloomberg article today, US homes flipped within a 12 month period surged to 6.5% of total sales in Q4 2018. This was the highest share in seasonally adjusted data going back to 2002, according to real estate data firm CoreLogic. However, with the US property market now slowing and liquidity contracting, property flippers are feeling the pinch. Meanwhile, in Vancouver, property flipping has taken a nosedive as panicked investors hit the sidelines amidst deteriorating margins and falling home prices. Properties flipped within a 12 month period hit a cycle high of 4.6% in January 2017 and have since fallen to just 1.4% of total sales in April.

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