The first cycle occurred in 1979 to 1981 where the price of a house in Vancouver increased by 119%….This can be found by looking at the price history of Vancouver houses….Historically, house prices in Vancouver grew less than other Canadian cities from the years 1997 to 2004….Interest rates, personal income and employment, and migration are some of several factors which influence the changes in house prices. http://www.

… a cost of 276 global economies, the falling house prices, the main factor behind Oslo’s drop from 2nd to another geographic location, the US dollar over the changes h as an overall cost of 64….